What is the best country for crypto license?

[Blackcrypto]

Hey!

Please, what is the best country for crypto license right now? with easy requirements.

Thanks

 

[Forester]

You've choosen an improper forum, I'm afraid. You are more likely to obtain some advice here
Offshore Company, I guess. Perhaps worth moving? @James Spader?

 

[diatessaron]

Seychelles.

 

[JohnLocke]

Seychelles.

Seychelles? I don't think it would be the best, but maybe you can tell us why you say so?

 

[diatessaron]

Seychelles? I don't think it would be the best, but maybe you can tell us why you say so?

They offer no such thing as a crypto license, there's no regulation whatsoever, OP can register a business there and offer crypto services without doing anything extra.

 

[Sols]

AFAIK, Estonia is still the easiest.

 

[Meta]

They offer no such thing as a crypto license, there's no regulation whatsoever, OP can register a business there and offer crypto services without doing anything extra.

Yep. I guess the goal is to have some kind of easy-to-obtain license to calm users ("We are regulated! Your funds are safu!"), present to banks and others who want to see it. Estonia, just as Sols said, used to be easy. I don't have actual information though, the things were changing fast here...

European Union continues to produce that anti-money laundering directives, AMLD5, AMLD6 etc. They are supposed to work everywhere in EU. How does it work? Do they become law-equivalent in every country right away? Are all the EU countries supposed to ratify them and change their respective regulations to be in accordance with these directives?

 

[Ilia Kekutia]

From January 1, 2023, National Bank of Georgia started the regulation of the crypto industry. At the moment, registration is not necessary, but once the National Bank will adopt a new rule before July 1, 2023 entities carrying out crypto activities must register with the National Bank of Georgia and get digital asset service provider license wich will cost 10,000 GEL. You can read more details here.

 

[Don]

Crypto is getting regulated now all over the world. If you're thinking of going unregulated you're thinking quite short term. There are some solutions available that are cheap and work, but probably not more than for 2 years.

 

[OffshoreMonero]

I'd avoid a license out of principal.

Go dark or hop jurisdictions depending on your business plan.

Crypto was invented to escape the system, not comply and bend over for it.

 

[369]

depends on what project you are looking for

 

[pfser]

Hey!

Please, what is the best country for crypto license right now? with easy requirements.

Thanks

Can you describe it a bit more? Type of activities, regions of operations etc?

 

[legaltalk]

Hey!

Please, what is the best country for crypto license right now? with easy requirements.

Thanks

Bulgaria is one of the best countries for crypto license as it gives the same features as Lithuania license and it is much cheaper for more information please PM

 

[Forester]

Bulgaria is one of the best countries for crypto license as it gives the same features as Lithuania license and it is much cheaper for more information please PM

Why not to share it publicly? Or are there some specifics that should not be announced openly?

 

[JackAlabama]

The best one is where your customer base is located.
Second one where your customer base has most trust in. (in case local does not allow).