I'm wondering if it's necessary to have a license to engage in cryptocurrency trading. Is there any legal requirement or regulation that mandates a license for crypto traders?
7 answers
CryptoChieftain
Mon Dec 02 2024
Licensing requirements vary across different regions.
Martina
Mon Dec 02 2024
In many jurisdictions, a licensing system is in place to regulate crypto-related activities.
KpopStarletShineBrightnessStarlight
Mon Dec 02 2024
This ensures that service providers meet certain standards and adhere to legal guidelines.
EchoPulse
Sun Dec 01 2024
The United States is an example of a country with such a licensing system.
isabella_cole_psychologist
Sun Dec 01 2024
In the U.S., individuals and entities engaging in crypto-related activities must register as financial services providers.