


obtaining crypto licenses
worldwide

ADGM (UAE)

Bahrain

British Virgin Islands

Dubai (UAE)

El Salvador

Kazakhstan

Kyrgyzstan

RAK DAO (UAE)

Seychelles

Singapore

South Africa
frequently asked questions
Why does a crypto business need a license?
How long does it take to get a license?
What documents do I need to apply?
The list of required documents varies greatly depending on the jurisdiction and the specifics of the project to be launched. As a rule, information on the owners and ultimate beneficiaries, a description of the business model and/or business plan, documents demonstrating sources of financing, AML policy, but not only.
Do AML/KYC procedures need to be followed?
Do DeFi / NFT projects need licenses?
It all depends on the approach of a particular jurisdiction. In some jurisdictions, you may not even need a specialized business license and it will be enough to pick some related activity from the list of permitted activities, while in some jurisdictions you will have to look for an activity directly designed for this type of activity and even obtain a full-fledged crypto license for a virtual asset provider (VASP).
What to do if the regulator has denied a license?