Bitcoin

There is nothing like the European cryptocurrency market for businesses that would like to expand their services into the digital world these days. If you are looking for a country with the best laws and regulations surrounding crypto operations — Lithuania is your go-to option. It is easy to see, why specialists of SBSB Fintech Lawyers are doing everything in their power to recommend a <a href="https://sb-sb.com/services/crypto/crypto-license/europe/lithuania/" rel="noopener noreferrer nofollow">Lithuania crypto license register</a> as it is the best solution, no matter how big the company is or about to become. This document is important because it allows your business to work with all sorts of cryptocurrencies. With the license, businesses can create custodial wallets and store crypto for their clients. Why Your Company Deserves a Crypto License in Lithuania To build a strong business, the first thing you need to do is to choose a proper government with proper regulations. Lithuania is your better choice at the moment. It creates perfect conditions for all companies centered around cryptocurrencies. The Central Bank is making sure all operations of your company are clear and do not pose a threat to the country. It is part of building a risk-free service for all customers who are looking for a cryptocurrency service. Another good reason why people are willing some more time and effort into obtaining this specific license is the ability to run the business under European Union jurisdiction, which means the company can work in different countries within the EU with minimal adjustments. The process of obtaining this kind of license may look like a difficult task, but in reality, it is far easier, as the requirements are not that severe: · have at least 12500 EUR as share capital of the business;· all shareholders and beneficiaries are clear from any criminal records;· professional responsible for overseeing AML and CFT.In other words, your company just needs to run a legal business, and have a strong reputation and at least a couple of years of experience in the financial sector. To find out more information on how to register for this kind of official legislation, it is recommended to get help from professionals, like those of SBSB Fintech Lawyers, as they know how to finish the registration procedure fast. They will provide you with all the needed information. If you have any questions, you can ask them about them and they will help you save time and effort. There are far too many advantages to lose if you not going to take this opportunity to obtain a license. <img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/fd05656cc45c42fe925b4f1c20124c7c.png" />Benefits of Obtaining a Crypto License in Lithuania There are a couple of things that people can benefit from while getting this license: · the right to operate your business within the law;· no need for shareholders or directors to live in the same country.· the option to manage your company from a distance.These reasons alone make the license worth waiting for. Registration for this license is a good decision for all companies who would like to run the business in the EU and expand it to a lot of different countries. Specialists of SBSB Fintech Lawyers are always ready to help you with valuable details of obtaining this legal document.

Crypto License in Lithuania as a Major Part of Your Business

The Bitcoin Daily

Other articles published on Oct 29, 2024

Here’s What Can Push Bitcoin’s Price Even Higher This Year: Arthur Hayes

Early Dogecoin (DOGE) Millionaire Turns Attention to Bullish Token ZDEX

Shuffle Casino: The fastest-growing casino with a 200% deposit bonus!

Pfizer Inc.’s Strong Q3 Performance: Beats Expectations with $1.06 EPS

Hong Kong Stock Exchange to Launch Unified Bitcoin and Ethereum Index

Bitcoin Breaks $70K: Will Bulls Hold the $2 Trillion Market Cap as November’s 46% Surge Beckons?

Join our free newsletter for daily crypto updates!