Cryptocurrencies has already become a full-fledged alternative to fiat money. Crypto business has appeared relatively recently. Most countries have already introduced changes to their legislation to regulate this type of economic activity. In order to legally engage in crypto business, you must obtain an appropriate cryptocurrency broker license.
To obtain a crypto trading license one must first select a jurisdiction and then collect some documents which includes your information,after that you need to pay a state fee and wait for cryptocurrency license Which gives you an option to get crypto license in uk,usa,Estonia and Malta. Estonia processing time 7-14days
0% tax on profit gains. No annual license fee. Availability of legislation for accounting declaration of crypto assets. Highest number of licenses issued. Malta processing time 1 - 3 months
First European country to adopt crypto legislation. Prestige and worldwide recognition of the jurisdiction. Progressive state approach to cryptocurrencies. UK processing time 6 months
Lower tax rate than in most countries. No restrictions on mining. Ability to obtain UK residency. Prestige and worldwide recognition of the jurisdiction. USA processing time 30 days
Foreign exchange services. Background checks and the provision of prepaid access.
The cost of obtaining a cryptocurrency license depends on the jurisdiction and the types of activities that the company plans to carry out.
The timing of obtaining a cryptocurrency license also depends on the jurisdiction, it usually takes more time than just registering a legal entity.
For general inquiries please contact info@experttrades.org.