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Current high-tech solutions are foundation of today’s financial scope and the information community. Fintech business in Estonia is a commercial area being rapidly expanding and becoming more popular every day. Estonian Fintech-representatives have 20+ of expertise in developing functional programs from the ground up. Services offered on the Estonian market combine user-friendliness and innovation. Main…

All VASPs that function in Cuba must get permission. Crypto license in Cuba is a document giving the official right to perform various operations with virtual assets and offer its services there. This permit is accessible for individuals and companies. Its validity period is one year; however, if needed, permission can be renewed. Licenses for…

Only those firms that have been registered in accordance with the provisions of the Law of Jurisdiction, issued in 2001, can apply for such a permit as a VASP license in Mauritius. VASPs are required to have a physical office in Mauritius.  The category of providers dealing with virtual assets and possibility to get cryptolicense…

Nontraditional Ιnvestment Fund (below mentioned as AIF) is an efficient option for mutual contributions and contributions in shares (both listed and unlisted), bonds, cryptocurrencies, and related products, real property objects, and similar valuable assets. The following is an overview of the main obligations of registering for establishing a small alternative investment fund and limitations on…

Opening your foreign exchange company in the Asia-Pacific region via Labuan is hassle-free as the Island provides absolute fοreign οwnership and low taxation rates. The local authorities have updated rules for money brokers effective from 1st January 2018. Under them, the mοney broker is determined as the company carrying out payments between parties in the…

Nontraditional investing brings a bunch of options for business people to obtain more profit, balance risks and returns in their portfolio, and use tax incentives. Once exclusively accessible for high-net customers, now there are favorable options for the general public – small investing funds. So, what are the advantages of setting up a small alternative…

Cypriot state authorities have been constantly bettering Blockchain legislation, making the country a first-choice hub for investors, Defi startups, and cryptocurrency exchange companies in Cyprus. The circulation of non-fiat currencies and e-funds is under the remit of the central banking institution, and the trading politics are set up by the SEC.  Overview of Cypriot legal…

An EU member-state, Luxembοurg is an essential hub with a highly developed regime for investments. With over EUR 5,5 billion in managed net assets, the jurisdiction is the biggest financial hub in the EU and the world’s 2nd ranked after the USA. This is the world’s biggest distribution hub for mutual contribution schemes, with its…

Companies dealing in cryptocurrencies are obliged to acquire an MSB license in Canada to continue the provision of services in this state. Under the PCMLTFA, these companies should complete registration with the FINTRΑC to ensure the proper business operation. Generally, all institutions offering finance-related services, crypto exchange services, and issuance services must acquire an MSB license and FINTRΑC…

If you consider operating as a PSP, offering issuance of debit cards, delivery of money sending and receiving services, and digital wallets, you require a license for these operations. To acquire a European EMI license, you need to get in touch with EU authorities regulating the sector of finances such as the UK FCA. The…

In modern financial space, a separate niche has already been formed for cryptocurrencies – digital funds that are used for settlements and actively circulate in various operations. More organizations are appearing on the market intending to offer services for the crypto-exchange, opening of crypto-currency debit cards and carrying out crypto-operations. In jurisdictions favorably accepting cryptocurrencies,…

If you intend to launch a commercial project, it’ll be needed to pass such procedure as merchant account opening. Cooperating with a reliable provider is quite difficult, which is why you should mindfully study the information about this direction, not neglecting the smallest details. Thus, how do entrepreneurs get merchant accounts in 2022? We try…