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January 2nd, 2024, 10:22 AM
#1
Kingston012 Member
license to exchange cryptocurrencies in the UK
I've been wanting to get a license to exchange cryptocurrencies in the UK for a long time. Still, I realize that it's probably not an easy process. Is someone already a happy owner and can share their practical experience?
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January 4th, 2024, 12:15 PM
#2
Kingston012 Member
Re: license to exchange cryptocurrencies in the UK
Yes, I personally have already passed through this process. Here, it is a permit rather than a license, so you must register a crypto company and pay the appropriate fee. Several essential documents need to be provided to the regulatory authority, such as information about IT systems, transaction monitoring, etc.
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January 6th, 2024, 07:06 AM
#3
Kingston012 Member
Re: license to exchange cryptocurrencies in the UK
Thanks! Does anyone have a good guide where I can find all these details? I am especially interested in the financial aspects.
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January 8th, 2024, 08:16 AM
#4
Kingston012 Member
Re: license to exchange cryptocurrencies in the UK
There is such a site https://prifinance.com/en/cryptocurrency-license/ . Here is a link to it. This is a trusted law firm. My partners and I do our business only with the support of their employees. Apart from the UK, much information is here, so I think you will find it useful!
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