There are many kinds of licenses? Today, we will introduce in detail what are the most license plates in digital currency.
License is equivalent to business license, especially after Huobi successively won Japanese license, American license and applied for Canadian license, the license was pushed to a new height. Obtaining the MSB license in the United States means that Huobi can conduct business reasonably in most States in the United States. This is also the reason why major exchanges have started to apply for licenses. If they want to do business formally and legally, they must apply for a license. For the exchange, the license can not only increase the trust of customers and enhance their popularity, but also enable the exchange to develop better and faster in compliance.
First place: American MSB
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Compliance:
Application difficulty:
If you want to legally carry out digital currency business in the United States, you must obtain the MSB license in the United States! First-and second-tier exchanges such as Huobi, Bian, OK and Matcha all got MSB, and the gold content is self-evident.
Second place: Singapore Foundation+Legal Compliance Opinion
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A complete Singapore compliance system is also the best choice for many project parties and exchanges!
Third place: Estonia MTR
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Compliance:
Application difficulty:
Estonia is a dual license plate, digital currency license plate+wallet license plate, why is it ranked fourth? Because its policies often changed, it was difficult to apply at that time, and local interviews would randomly select legal persons, so more preliminary materials needed to be prepared. However, if you break through many obstacles and finally get an Estonian license, you will feel that everything is worth it.
Fourth place: Singapore MAS
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Application difficulty:
Undoubtedly, Singapore MAS license is one of the most valuable licenses at present, but its high application threshold and extremely long licensing time make many exchanges flinch. ......
Fifth place: AUSTRAC Australia
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Application difficulty:
AUSTRAC has been sitting on the bench because of the difficulty and high cost of application. Recently, the Australian license application policy has been relaxed. More exchanges will choose Australian digital currency license, and the ranking will gradually rise!
Detailed introduction of American MSB
Detailed introduction of Estonia's mid-term review
Detailed introduction of Singapore foundation