What are crypto exchange licenses?

Cryptocurrency exchange licenses can also be divided into two main categories: Specialised crypto licenses: these are licenses issued by authorities that directly and specifically regulate the activities pertaining to the exchange of cryptocurrencies.

How to operate a cryptocurrency exchange?

Forex Conversion services To operate a cryptocurrency exchange you need a license which allows you to deal with digital assets. Additionally you may need special permission to deal with fiat currencies and a license to deal in securities if you want to also trade in security tokens.

What is cryptocurrency regulation in the US?

Cryptocurrency regulation began to be implemented in the US in 2013 when the government decided to not ban it. Cryptocurrency exchange licenses in the USA are issued by the national regulation bureau, FinCEN. FinCEN issues licenses which, in addition to crypto exchange activities, allows the holder to conduct activities related to:

Do you need a license to exchange cryptocurrencies in Singapore?

Nowadays, those who operate the exchange of cryptocurrencies shall obtain license in Singapore. Furthermore, if the company deals with cryptocurrencies that may be classified as securities, such entities shall entail license of stock exchange.