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South Korea is the third most economically important and developed market in the world, and every day more and more investors are betting on this jurisdiction. South Korea has moved from a restrictive and uncertainty-driven approach to a more structured regulatory framework focused on AML, market integrity, and user protection. Although plans for a ban…

We have extensive experience assisting clients with licensing and corporate structuring in Mauritius and other jurisdictions. With the development of the Mauritius virtual asset framework, we provide legal support for VASP applications, compliance structuring, and related regulatory matters. Our workers regularly study innovations and modifications in local legislative and regulative framework; it ensures our quick…

In 2019, Bahamian official body performing control over securities introduced the Digital Assets and Registered Exchanges Act, 2019 (DARE Act) for cryptocurrencies and cryptoexchanges regulations. This regulatory act establishes provisions for control of trading operations with virtual tokens. Additionally, law also regulates activities of firms offering intermediary bases in this sector. The DARE license in…

Latvia is an EU jurisdiction where crypto-asset service providers may obtain authorisation under the MiCA framework. Once authorised, a CASP may provide services both locally and across the EU under passporting rules. Our professional experts have already helped hundreds of clients successfully obtain permits to work with crypto-currencies in Latvia and others; it contributes to…

The workflow for a Romania cryptocurrency license launched in the context of the MiCA is enforced as the first comprehensive EU-wide regulatory framework governing crypto-asset services . The VASP license in the Romania — former VASP licence — is now being replaced by CASP authorization Romania with EU passporting. Under crypto regulation Romania MiCA, local…

Bulgaria is considered one of the more cost-efficient EU jurisdictions for establishing crypto-asset service providers under the MiCA framework, combining relatively low taxation with access to the EU single market. This country has low taxes, is an EU member, and allows for fast incorporation of companies. For these reasons, both new entrants and well-established players…

Seychelles is an offshore jurisdiction that has gained increasing attention as a destination for crypto-related businesses due to its flexible regulatory environment and relatively efficient incorporation procedures. In addition to the fact that the islands are known throughout the world for their attractiveness as a tourist and recreational center, the Seychelles are quickly becoming a…

A crypto-license in the Cayman Islands is an official documentary confirmation that makes it possible to legally engage in cryptocurrency business. Such a permit provides the right to exchange crypto-currencies, service crypto-wallets, accept crypto-payments and carry out other operations in this area. The body that decides whether the entrepreneur concerned will hold the above-mentioned permit…

In the country that we will consider today, crypto is regulated by EU law, so a license is needed mainly to meet AML/CFT demands. Although national powers have recognized the significance of fresh technologies and even shed light on digital money taxation, they currently favor a liberal approach to digital currency regulation, which means that…

By establishing a solid legal system that supports trustworthy advisory firms and financial consultants, the UAE has earned a reputation as a dependable jurisdiction for those seeking access to international markets. The SCA in Abu Dhabi, under the federal legislation passed in 2000, is responsible for supervision of capital market activities. Category 5 is an…

Opening a corporate account in the USA is almost never a simple matter of checking off a list. Banks and financial institutions conduct thorough examinations, scrutinizing not only the individuals behind the company, but also its operations and if the company’s profile aligns with their policy guidelines. This is the reason the journey to open…

Choosing a U.S. state and entity type is key. Wyoming is a top business-friendly state, so its advantages as a jurisdiction merit closer examination. Overview of Wyoming as a business jurisdiction For quite some time now, Wyoming has cemented its reputation as one of the premier locations within the U.S. for conducting business. Distinguished by…