Obtaining a Crypto License in Europe
Getting a Crypto License in Europe: How, Why, and What Will It Give You?
Cost of services: from 5000 €
Running a cryptocurrency business requires legalization and compliance with the rules that apply internationally. A cryptolicense is a key tool for legally providing cryptocurrency-related services. But why does your business need one, what does it allow you to do, and how to get one? Let's break it down clearly and to the point: what a cryptolicense provides, where to get one, what are the deadlines, and what is needed for your company to start legally working with cryptocurrencies.
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Why do you need a cryptolicense?
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Cryptocurrency exchange
A cryptolicense allows your company to legally conduct cryptocurrency exchange transactions. Without it, such transactions would be considered illegal in countries with regulated markets.
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Selling cryptocurrencies
Having a crypto license allows your company to legally sell cryptocurrencies through platforms or as a broker.
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Storage and asset management
You can legally provide services for storing and managing clients' crypto assets, which opens up the possibility of working with wallets and digital assets.
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Working with cryptocurrency as a means of payment
Legal work with cryptocurrencies as a means of payment for goods and services is another important advantage of a crypto license.
Obtaining a crypto license provides your company with access to legal activity on an international level, asset protection and customer trust.
Do you have questions about the process of obtaining a crypto license? Ask our experts a question
Where to get a crypto license in Europe?
| Country | Main advantages |
|---|---|
| Poland | Fast licensing process, flexible conditions for crypto business, support at the state level. |
| Czech Republic | Favorable tax regulations, a developed ecosystem of blockchain startups, ease of opening a company. |
| Lithuania | Transparent legislation, support for the crypto industry, recognition of licenses in the EU. |
| Spain | Strict security rules, high level of asset protection, developed legal framework. |
How to get a crypto license?
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Company registration
Register a company in the jurisdiction of your choice, meeting minimum capital and management requirements.
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Application documents
Gather a business plan, financial statements and documents to comply with AML/KYC regulations.
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Submitting an application and verification
Submit your application to the regulator and wait for a compliance review.
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Obtaining a license
After passing all the checks, your company will receive a crypto license for legal activities.
For more information on the laws governing cryptocurrencies, read documents of the European Union on combating money laundering and customer identification.