State is quite staunch in its position as for crypto-currency, but there’re rigorous requirements for organizing a crypto-business. Crypto license in Switzerland is issued to firms following provisions of local legislative frameworks and rules of the regulatory body. Jurisdiction’s goal…
In light of quickly emerging new projects stored on blockchain, the EU sets the first rules to regulate cryptocurrencies. EU authorities agreed on the adoption of legal mechanisms that would oversee the cryptomarket, obliging businesses to apply for authorizations to…
Georgia possesses status of one of states being most favorable to crypto-assets and strongly supports their use; there aren’t restrictions regarding crypto-exchanges. Additionally, crypto business in Georgia, located in special zones, should obtain an appropriate permission. In addition, Georgia has…
All VASPs that function in Cuba must get permission. Crypto license in Cuba is a document giving the official right to perform various operations with virtual assets and offer its services there. This permit is accessible for individuals and companies….
Only those firms that have been registered in accordance with the provisions of the Law of Jurisdiction, issued in 2001, can apply for such a permit as a VASP license in Mauritius. VASPs are required to have a physical office…
Now digital currency is becoming more and more popular. However, legislative crypto regulation in many states is still a rather complicated aspect. In Poland, cryptocoins are treated quite progressively. Investors will be interested in registering organizations there to offer crypto…
Organizations working with cryptoactives ought to have appropriate permission. Getting cryptolicense in Lithuania requires accordance with many demands arising from normative base provisions. In Lithuania, loyal atmosphere for cryptobusiness was built; among others, it is fully controlled and clearly marked….
On February 17, 2022, the Verkhovna Rada of Ukraine re-adopted a law designed to set a legal framework for the digital asset market. The decision was supported by 272 deputies. The draft law No. 3637 “On Virtual Assets” was adopted…
El Salvador became the world’s first country to accept Bitcoin as its official currency in June 2021. International clients may now legally trade and earn from bitcoins, as well as do business, acquire products and services, invest in bitcoins, and…
To be able to operate in cryptocurrency field in this state, an entrepreneur must go through a separate process and get a special crypto license. Lithuanian jurisdiction provides fairly loyal conditions for cryptoorganizations working with cryptocurrency exchanges and wallets. In…
Getting a cryptocurrency license in UK is a popular procedure for anyone who wants offering services connected with digital assets on state territory. Cryptocurrency is regulated in UK by AML/CFT Act. FCA is responsible for overseeing operation of structures dealing…
We will consider the features of establishing crypto exchanges in Georgia in this article. Although Georgia does not occupy a leading position among the most developed countries in the field of information technology, it is one of the world’s leading…
Switzerland has one of the most progressive economics in the world. It is a very popular place to establish crypto-related companies, canton of Zug is also known as the “crypto valley” among local people. At the same time, the regulation…
Crypto exchange/digital assets exchange platform allows you to transfer electronic money and cryptocurrencies. This gives a convenient opportunity to exchange different currencies; for example, you can exchange cryptocurrencies for cryptocurrencies, cryptocurrencies for fiat and fiat for cryptocurrencies. Market participants can…
In this article, we are going to look into the Monetary Authority of Singapore’s regulation of the Digital Payment Token Service Providers activities. Key provisions: Legislative Basis: Payment Services Act (PSA) 2019, MAS Notice PSN02, Consultation Paper on a New…
Mechanism and history of crypto regulation in Estonia Virtual money is a thing that is presently in everybody’s brain. Further, we will talk about one of the main subjects of the previous year – new cryptocurrency regulation in the Estonian…
The Cayman Islands are a British dependent territory. For the whole world, the Cayman Islands are known as well-developed and well-functioning financial services center, the main segments of which are insurance, banking and trusts management. The islands occupy a relatively…
5AMLD – the Fifth Anti-Money Laundering Directive – comes into force on January 10, 2020. Based on the regulatory regime that was applied to the previous 4AMLD Directive – this document aims to strengthen the AML/CFT of the European Union,…
LITHUANIAN BANK CREATES A REGULATOR FOR BLOCKCHAIN COMPANIES The Bank of Lithuania is creating a regulatory and technological platform that allows developing and testing innovative technologies. The platform is code-named LBChain, which is also known as a regulator for blockchain…
Cryptocurrency taxation – is it necessary to pay taxes on profits that were received in Bitcoin? Cryptocurrency taxation is a pretty topical issue, as digital currencies are more and more in demand lately. Nowadays it is quite often possible to…
New law which regulates crypto license holders entered into force on 10.03.2020. Key points: Two previously existed crypto licenses are combined into single Virtual currency service provider license. Share capital must be at least 12,000 eur, which has been fully…
Choice of jurisdiction A process such as the creation of cryptocurrency exchanges requires the right choice of jurisdiction. The development of the business will depend on the location of your cryptocurrency exchange. This article discusses the most popular jurisdictions with…
The 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…
International legal company Eternity Law International provides full legal support of projects related to cryptocurrencies from A to Z. Currently we service more than 30 cryptocurrency projects, we are also members of the Swiss organization Crypto Valley. Our specialists will…
The BlockchainUA team invites you to the most large-scale blockchain and cryptocurrency conference in Ukraine, which will be held in Kiev, September 20, 2019! This is a unique opportunity for everyone to dive into the details of one of the…
The blocjchain 2019 in Kiyv The BlockchainUA team is proud to announce the sixth annual international conference, which will be held in Kiev, March 22, 2019 and will bring together the strongest blockchain community in Ukraine and Europe! The main…
As it became known, David Bert, Ministers of Bermuda demonstrated in the parliament a preliminary bill that regulates electronic currencies in Bermuda (ICO or PRT). For those companies whose specific work is related to finance, some activities other than traditional…
If your cryptocurrency project has interesting content with a transparent and understandable system of work, you are aiming to work for a long time, and then our company Eternity Law International recommends opening your company in Gibraltar. Here you will…
Our company has considerable experience in the professional legal support of projects based on blockchain technologies and ICO. During the existence of the company, our specialists have provided legal services to more than 40 companies, whose activities are related to…
BUILDING BUSINESS MODELS If you are engaged in generating cool ideas for creating promising projects – this is half the work in the field of promotion and sales of the finished product, for example ICO. There are a lot of…