For sale: License to operate a cryptocurrency exchange

The time-consuming process of forming a cryptocurrency firm and obtaining the necessary licenses is the last thing you want to deal with if you’re in the midst of developing a groundbreaking cryptocurrency idea that has to be released practically immediately. Don’t hold yourself back when there is a workable solution that will let you release your cryptocurrency project immediately.

The Fintech Harbor Consulting team has crafted a simple procedure for obtaining a fully licensed ready-made crypto firm in a variety of European countries, enabling crypto entrepreneurs to launch a new enterprise in a matter of days.

Cryptocurrencies – illustrative photo. Image credit:
Kanchanara via Unsplash, free license

A ready-made crypto firm is one that has already been founded, is fully registered and licensed, and can be bought in a very short amount of time. A cryptocurrency license is included in the purchase of a crypto firm that meets all regulatory requirements.

Is it worth it to invest in a crypto license, and why?

Several advantages might result from the choice to acquire an existing crypto exchange or other licenses. The most obvious benefit is the time it saves over starting a new crypto firm from scratch when it comes to launching a new crypto project. You may avoid the high costs and lengthy delays associated with engaging with national authorities responsible for crypto company establishment and authorization, allowing you to keep pace with the industry’s rapid evolution.

There are further, evident advantages to purchasing an existing cryptocurrency exchange license:

• Because of this quick EU registration, your business may immediately begin benefiting from passporting privileges and doing business in a secure and respected European jurisdiction.
• You may avoid paying hefty application costs by purchasing a pre-made crypto exchange license, which might save you a ton of cash.
• AML/CFT compliance operational processes are in place, and you may become an owner of the firm with this license.
• Some investors may place a premium on a pre-existing crypto company’s appearance of stability.

Where to locate your cryptocurrency business and why

A number of European countries are in the process of developing comprehensive crypto regulatory frameworks; others are just getting started. Both methods have their benefits and drawbacks, so you should prioritize your objectives and do some research before settling on a jurisdiction for your cryptocurrency venture.

The level of development of the requisite regulations should be one of the first things to think about. A well-developed crypto regulatory framework will provide greater stability and a more trustworthy image to the crypto corporation, but it will also have stringent application procedures, hefty recurring supervision costs, and high initial authorized capital requirements. For instance, take a look at Switzerland, Malta, Estonia, and Gibraltar.

Initial capital, application, and monitoring fees for crypto licenses are lower in countries with emerging regulatory systems. Crypto companies should be ready for legislative developments in such jurisdictions. Lithuania is now one of the most advantageous countries for crypto enterprises due to new rules, so you need not worry about future changes.

Due to the absence of a crypto-specific legal framework, cryptocurrency companies must typically go through a less strict general authorization process with low registration charges and lower starting capital requirements. Such governments may be working on a comprehensive cryptocurrency regulatory framework, which might destabilize existing crypto companies. If you wish to decrease expenses and grow your crypto company in a shifting legislative environment, such countries may be worth considering. Polish, Czech, and Slovakia have such legal systems.

After deciding on regulatory maturity, you may discover more about where bitcoin license sale is legal and accessible. Fintech Harbor Consulting recommends Lithuania, Poland, or the Czech Republic from the EU. Also by clicking on the link, you can learn how to quickly register a company in Estonia https://www.fintecharbor.com/company-registration-in-estonia/.