A license is the perfect reflection of local conditions and people.



The biggest taboo when applying for a license is path dependence.

MAS has its own considerations.

VARA has its own preferences.

ADGM has its own likes and dislikes.

MiCA has its own rules.

SEC has its own temper…

Many people may not know that getting a license, much like paying fines, is handled case by case in many jurisdictions.

The larger your scale, the higher the requirements; the more you earn, the more you are expected to give; some jurisdictions issue licenses to protect consumers, others to generate revenue…

Want to know more?

Keep an eye on the upcoming heavyweight article "A Decade of Crypto Compliance Evolution (Part I)" in the next few days.

It's rare to find an article that manages to "offend" every exchange at once.
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