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.

What is a crypto exchange and how does it work?

A crypto exchange is a marketplace where you can buy and sell cryptocurrencies, like Bitcoin, Ether or Dogecoin. Cryptocurrency exchanges work a lot like other trading platforms that you may be familiar with. They provide you with accounts where you can create different order types to buy, sell and speculate in the crypto market.

Where can I get a crypto license?

The following jurisdictions are the best ones from the viewpoint of receiving a crypto license: Malta. Applicants need to establish a company in Malta and have a registered capital of at least €730 000. A license costs about 30 000 EUR. Estonia.

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: