As the global landscape for cryptocurrency continues to evolve, countries worldwide are defining their stances on digital assets. Indonesia, with its rapidly growing economy and technological advancements, has been no exception. The regulation of cryptocurrencies in country has become a focal point for both local and international investors. This article delves into the specifics of…
Commonly, legal opinion is what we consider as an experienced lawyer’s advice. It is presented in the form of a document prepared by a client’s requirement. The article will provide you with all interested details regarding the provision of legal consultation. Legal opinion: Why do we need it? Banks frequently demand LOs from risky businesses…
1. Sorts of Commercial Units, Their Homestead and General Charge issues This country offers diverse business units with distinct lawful divisions, including the SA requiring EUR 30,000 minimum capital and the SARL with EUR 12,000, managed by boards of directors. The SARL limits subsidiaries to one hundred and could not trade publicly, while the SCA…
1. Trade License Acquiring a pervasive trade licence is a pivotal step for most commercial functioning in Switzerland. This licence is mandatory that assures your commercial functioning bonds to indigenous market rules and protocols. Here’s what you should know: Submission routine: You can apply for a commercial licence to the local canton’s market branch. This…
This is a new investment opportunity – SPI license in UK for sale. Please check out the main details regarding this proposal below. SPI license in UK for sale: key considerations Small Payment Institution (SPI) in UK for sale; Company was licensed by FCA in 2018; Allowed activities (money remittance, foreign exchange); Company has 3…
Seize the opportunity to effortlessly establish your business in the UK with our ready-made company, complete with premium bank accounts at Barclays and HSBC. Key features Company for Sale in UK with Barclays & HSBC Accounts Company Details: – Incorporated: 2024 – Registered Address: England – Company Type: Private Limited Company – Nature of Business…
Are you ready to establish your business presence in the UK effortlessly? Discover our exclusive offer—a ready-made company with immediate access to Natwest, Revolut, and Wise bank accounts. Here’s what you need to know: Key features Company for Sale in UK with Established Bank Accounts – Company Details: Founded in 2024, work in non-specialised wholesale…
An active transportation company limited by shares (SA) in Switzerland is now available for sale. This company, was established in 2020 and operates in the passenger and cargo transportation sector with a focus on sea and rail transport. Key Features Transportation Company in Switzerland Corporate Structure Form: Company limited by shares (SA) Year of Registration:…
Zurich
+41 435 50 73 23Kyiv
+38 094 712 03 54London
+44 203 868 34 37Tallinn
+372 880 41 85Vilnius
+370 52 11 14 32New York
+1 (888) 647 05 40The Maltese government has developed a set of rules, namely, rules for funds investing in cryptocurrencies.
A few years ago, most states did not recognize cryptocurrency as a financial instrument. It was believed that these units are used in a minimum of operations.
Today, without Bitcoin, Riple, Litecoin, Cardano and other units, it is impossible to imagine modern life, the implementation of transactions. Forecasts are made for cryptocurrency, courses are set.
It should be noted that cryptocurrency is not only a powerful means of payment. Specialists from the economic sphere see it as an excellent tool for investing.
This is due to the fact that cryptocurrency exchange rates grow faster than fiats. Therefore, investing in the development of cryptocurrencies is profitable.
Malta is a country with established algorithms for registering various companies, organizations, investment funds. The MFSA regulator decides on such issues is considered a modern and universal tool for controlling the sphere of finance.
Thanks to the successes within the country, the stable economic situation, the GDP indicator rose above 12%. However, the government does not stop there. On October 23, 2017, a set of rules was published according to which the activities of hedge funds are regulated in the country.
We are talking about organizations involved in investing and supporting cryptocurrencies (Advice on the regulation of collective investment in electronic currencies). The beginning of the action is November 10, 2017. In extreme cases, another agreement was adopted.
The essence of the draft adopted rules dealing with the control and operation of Malta cryptocurrency funds:
It should be noted that the adopted rules make it possible to invest in the development of cryptocurrency only to specialized investment funds – PIF. That is, the right to engage in projects is granted to qualified investors.
To become a cryptocurrency investor, you must provide an amount of 100,000 euros to the investment fund. It is also mandatory to fill out a declaration and indicate that the personal assets of investors start at 750,000 euros.
All providers serving crypto funds should be open in the sector where the already known MFSA operates. We are talking about the states of the Eurozone and countries that have signed certain agreements.
Also, according to the new rules, the investor is obliged to participate in the management of companies specializing in modern technologies, including cryptocurrencies.
The investor submits an application for a license, after which he waits three months. Moreover, an already issued permit can be extended by authorized bodies after checking personal information or available papers.
It is also possible to register as part of collective companies, open a listing on the stock exchange.
Investing in cryptocurrencies is a great way to attract new investors and use funds for an IPO (relevant for organizations involved in innovative technologies and blockchains).
In addition, there is a chance of conducting ICOs with the participation of government agencies.
Known fact: many cryptocurrency investors understand the difficulties that arise when exchanging large sums of money (cryptocurrencies for fiat and vice versa). In addition, state-owned banking institutions are still reluctant to associate with such operations.
Attracting cryptocurrency exchanges with the necessary documentation would help to solve this problem.
Many are interested in how much it costs to register a fund or company for investing in cryptocurrencies in Malta.
To do this, you should write a letter and send it to our e-mail. Our manager will provide detailed advice, offer the best option, determine the registration period and will participate in the escort.
You can also call the numbers listed on the site.
We work with the best specialists in Malta who have solid experience and relevant qualifications for such operations. They provide a wide range of services: administration, audit, management, etc.
You will also learn about alternatives that will best suit your needs.
Our company is based on experience with this sphere and Eternity Law International specialists will be happy to рrovide you with assistance in resolving this issue.
The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.