Curacao has been navigating notable alterations to its eGaming certification protocols, creating uncertainty among operators about the evolving rules and associated costs. This uncertainty has often benefited rival jurisdictions like the Isle of Man, which continues to attract a substantial influx of new business. However, Curacao has recently made strides by revealing the proposed costs…
With the development of cryptocurrency technologies and their growing popularity around the world, the issue of regulation of crypto assets is becoming increasingly relevant. Argentina, one of the Latin American countries with an active crypto-currency market, has taken significant steps in recent years to create a regulatory framework for virtual assets and related services. In…
This region has long been recognized as a major offshore monetary core, providing commercials with a solid lawful and supervisory sphere. Lately, the country has embraced virtual transformation by implementing new schemes for blockchain-based monetary facilities. A key development in this area was the VASP Act, which was adopted on February 1, 2023, laying the…
The digital economy is rapidly expanding, with e-currencies playing a notable part in shaping global monetary ecosystems. Although the legislative scheme is still developing, this sector offers promising capabilities for organisations willing to enter the trade. This article outlines the key aspects of obtaining a crypto licence in Bosnia and Herzegovina, the demands for crypto…
Key Details of this Lithuanian VASP: Licensed VASP: Established in 2021 with full authorization from FNTT. Banking Setup: Active PSP account with a Lithuanian EMI for smooth operations, and a local bank account for tax and salary payments. Financial Stability: No loans or debts, in good standing, compliant with AML/KYC regulations. Legal and Operational Support:…
This is a new investment opportunity – FSP license in New Zealand for sale. Please check out the main details regarding this proposal below. FSP license in New Zealand: key considerations Financial Services Provider (FSP) for sale in New Zealand; Registered with Financial Service Providers Register in 2024; Authorizations (changing foreign currency, issuing or managing…
Key Features of this Forex Broker Company: Company Structure: Composed of both Bulgarian and offshore entities. Established Brand: The company has been operating for 9 years with a solid reputation in the market. Complete Infrastructure: Ready Made Forex Broker Company includes a website, secure client area (SCA), trading platform, and mobile applications. Trading Options: Leverage…
South Africa FSP License Bank Account: Includes one local bank account. Personnel: Local director and Key Individual (KI) available to stay post-sale. Transfer Timeline: Quick transfer—1 week for CIPC, 3 weeks for FSCA. Mauritius Full Service Dealer License Bank Accounts: Corporate and client accounts at MauBank. Capital Requirement: €24,000 Total Investment: €227,800 (inclusive of setup…
Zurich
+41 435 50 73 23Kyiv
+38 094 712 03 54London
+44 203 868 34 37Tallinn
+372 880 41 85Vilnius
+370 52 11 14 32New York
+1 (888) 647 05 40The request process for a VASP license or enrollment can take several months.
Here are some of the benefits of acquiring a VASP license or enrollment in the Caymans:
The management of a VASP permission in the Caymans inclusive the next:
The management of a VASP permission in the Cayman Islands is a complex and demanding task. The administrator or manager of a VASP license must be knowledgeable about the law, committed to conformity, and able to manage the day-to-day operations of the VASP.
The Cayman Islands Monetary Body (CIMA) regulates Virtual Asset Favors Suppliers (VASPs) in the Caymans. To acquire a VASP permission in the Cayman Islands, you must meet the following demands:
Further we offer more detailed explanation of each of the requirements:
Here are some of the benefits of obtaining a VASP license in the Caymans:
Yes, crypto exchanges are controlled in the Caymans. The adjustment of crypto exchanges and related actions falls under the Virtual Properties (Favors Suppliers) Act, 2020 VASPs in Cayman Islands (VASP Adjustments). The VASP Act establishes a substructure for the surveillance and adjustment of virtual acquisition favors suppliers (VASPs) in the jurisdiction.
The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.