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Understanding the Rules of Crypto Trading

Guidance from Consulting24's 500 License Journey

Government Regulation and Crypto: A Comparative Study of Lithuania, Dubai, and Estonia

Understanding the rules of crypto trading is critical for anyone contemplating a cryptocurrency venture, especially in jurisdictions like Estonia, Lithuania, the EU, and Dubai. This knowledge empowers entrepreneurs to navigate diverse regulatory landscapes, assess the unique opportunities and challenges each region presents, and align them with their business goals.

In Estonia, renowned for its attractive 0% corporate tax rate and no obligation to pay dividends, it has emerged as a prime spot for burgeoning crypto businesses. Under Estonian law, the rules of crypto trading permit enterprises to benefit from significant financial advantages. However, conducting an in-depth cost-benefit analysis is crucial to ascertain that the financial benefits surpass the costs related to obtaining the license and upholding regulatory compliance.

In the EU, Lithuania sets itself apart with its efficient crypto licensing process and entry to the wider European market. However, understanding the full cost implications of securing and maintaining the license, which includes legal, compliance, and operational expenses, is key.

Dubai, with its strategic geographical location and business-friendly climate, offers its unique benefits. Notably, the emirate issues crypto licenses via its free zone authority and imposes no taxes on crypto trades or profits, further bolstering its appeal as a leading hub for global crypto ventures.

In the dynamic world of cryptocurrency, comprehensive knowledge of the rules of crypto trading in jurisdictions like Estonia, Lithuania, the EU, and Dubai can offer effective alternative routes. Each jurisdiction provides a unique blend of regulatory advantages and entrepreneurial opportunities.

 the rules of crypto trading

Consulting24 Team

Mardo Soo, both CEO Consulting24, excels in the rules of crypto trading
Mardo Soo - CEO
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As the top executive of Consulting24, Mardo demonstrates unparalleled mastery in the arena of blockchain consulting. His function extends beyond the typical ambit of client procurement, fostering the inception and expansion of enduring business alliances. His aptitude for making sense of the intricate intricacies of the blockchain universe amplifies his standout leadership skills, positioning him as a distinct figure in the sector.

Lena Elvbakken - Founder
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As a founding partner at Consulting24, Lena has carved a significant path in the domain of rules of crypto trading. Her deep understanding enables her to expertly aid innovators through the complex processes involved in setting up exchanges and launching tokens, particularly in crypto-friendly jurisdictions like Estonia and Lithuania. Her indispensable part in streamlining the complex steps of launching a crypto exchange underscores Consulting24's pivotal role in propelling the global expansion of cryptocurrency.

Lena Elvbakken, the founder of Consulting24 excels in rules of crypto trading

Lithuania vs Estonia vs Dubai: A Comparative Analysis of Crypto Regulations

Total Price
License type and government fee
1. 9,700€ - Advisory Services & VA Transfer and Settlement Services
1. Cryptocurrency exchange license 2. Crypto wallet and custodian services license
10,000€ 1. Cryptocurrency exchange license 2. Crypto wallet and custodian services license
2. 24,250€ - Broker-Dealer, Custody, Exchange, Lending and Borrowing & VA Management and Investment Services
No additional fee
Required share capital
24,250€ (Advisory Services) - 194,000€ (Exchange Services)
250,000€ - Cryptocurrency exchange license 100,000€ - Crypto wallet and custodian services license.
Share capital payment
25% to start (31,250€), 75% within a year.
Renewal fee
50% of Government fee
Supervision fee
20,000€ - 50,000€
VARA may mandate its need
Not required
Both monthly and yearly audits are necessary
Must have
Must have
AML (Anti-Money Laundry Officer)
Can be any nationality
AML monthly salary
Starting price point: €5,000
Starting price point: €1,200
Starting price point: €1,200
Local director
Any nationality
Any nationality
Open to all nationalities, but living in Estonia is required.

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