LicensingGuide
Money transmitter licenses vs trust charters: two routes into the US
State money transmitter licenses or a trust charter? Legal fees, capital, timelines, supervision and where the GENIUS Act fits, side by side.
7 min read
Anvesan Blog
Who needs a licence, what each regulator asks for, how long a decision takes and which dates apply, jurisdiction by jurisdiction.
LicensingGuide
State money transmitter licenses or a trust charter? Legal fees, capital, timelines, supervision and where the GENIUS Act fits, side by side.
7 min read
LicensingGuide
A side-by-side look at the UK's new crypto regime and the EU's MiCA: licences, capital, fees, decision times, local staff and passporting.
8 min read
StablecoinsGuide
A country-by-country look at stablecoin licensing requirements, regulators, capital, fees and approval timelines, based on The State of Global Stablecoin Licensing.
30 min read
MiCAGuide
How the CSSF authorises crypto-asset service providers in Luxembourg under MiCA: who needs it, the fee, capital, the application file and the timeline.
9 min read
StablecoinsGuide
What the GENIUS Act says must back a US payment stablecoin: the eight reserve asset types, 1 to 1 backing, monthly reports, and the OCC and Fed proposals.
10 min read
StablecoinsGuide
How Bermuda licenses stablecoin issuers: the Digital Asset Business Act 2018, the BMA's F, M and T license classes, and its stablecoin guidance.
10 min read
StablecoinsGuide
What it takes to issue a stablecoin legally: the licence in the US, the EU, Hong Kong and Japan, and the reserve, redemption and disclosure rules.
10 min read
StablecoinsGuide
How New York's DFS regulates US dollar stablecoins: the 2022 guidance on reserves and redemption, the proposed 23 NYCRR 202 and who may issue.
10 min read
StablecoinsGuide
How FINMA treats stablecoin issuers in Switzerland: deposits, banking and FinTech licences, bank default guarantees, AML duties and the planned new law.
9 min read
LicensingGuide
Who needs a Hong Kong virtual asset trading platform licence, what the SFC asks for, the fee and capital figures, and who holds one on 13 Oct 2026.
10 min read
LicensingGuide
Who needs a crypto asset service provider licence in South Africa, how the FSCA grants it under the FAIS Act, the application fee and the latest figures.
7 min read
LicensingGuide
Money transmitter licence costs in five US states, from official sources: application fees, net worth, surety bonds and the rules for crypto firms.
9 min read
StablecoinsGuide
How MiCA separates e-money tokens from asset-referenced tokens: what each references, who may issue it, the white paper, redemption and reserve rules.
10 min read
LicensingGuide
Poland's regulator said in June 2026 that no Polish authority had so far been designated to supervise CASPs under MiCA. What the records show.
10 min read
StablecoinsGuide
Brazil has no stablecoin issuer licence in Sherpa's data. Its Central Bank authorises crypto firms and sets rules for the stablecoins they offer.
8 min read
CustodyGuide
When holding customers' crypto needs a licence, and the licence Sherpa records for custody in each of 67 regulated markets.
16 min read
MiCAGuide
MiCA's transition for crypto-asset service providers ended on 1 July 2026. Each EU country's period, what ESMA expects now and who is registered.
8 min read
MiCAGuide
How BaFin authorises crypto-asset service providers under MiCA and Germany's KMAG: who needs it, capital, the application, fees and the KWG transition.
8 min read
CustodyGuide
What a trust charter is, how OCC national trust and New York limited purpose trust charters work, and which crypto firms the OCC conditionally approved.
7 min read
StablecoinsGuide
Canada's Stablecoin Act explained: which issuers must register with the Bank of Canada, the reserve and redemption duties, and when the Act takes effect.
8 min read
StablecoinsGuide
What an e-money token is under MiCA, who may offer one in the EU (generally a bank or e-money institution), and the white paper and redemption rules.
9 min read
MiCAGuide
What a MiCA crypto-asset white paper must contain, who draws it up and notifies it, the 20-working-day rule, the iXBRL format and ESMA's register.
12 min read
LicensingGuide
Who needs a New York BitLicense, what DFS asks for, the $5,000 application fee, the surety bond, how to apply through NMLS and which firms hold one.
8 min read
StablecoinsGuide
How UK stablecoin regulation splits between the FCA and the Bank of England, who needs FCA authorisation from 25 Oct 2027, and the main rules for issuers.
9 min read
StablecoinsGuide
How Japan regulates stablecoins: the three issuer types the FSA set out, Payment Services Act definitions and registration, and changes in 2025 and 2026.
7 min read
StablecoinsGuide
Where regulators publish who may issue stablecoins: the HKMA register, ESMA's MiCA register, Japan's FSA lists and the lists the GENIUS Act requires.
7 min read
LicensingGuide
What drives a crypto licence's cost: the regulator's fee, the capital a firm must hold and the decision time, with official figures for six markets.
7 min read
LicensingGuide
Which crypto and stablecoin firms may need an ASIC licence or AUSTRAC registration in Australia, ASIC's headline fees, and the law starting 9 April 2027.
8 min read
LicensingGuide
Who needs a VARA licence in Dubai, the fees and paid-up capital for exchange services, the two-stage application and how long the licence lasts.
8 min read
LicensingGuide
US crypto licences: FinCEN money services business registration, state money transmitter licences, the BitLicense, California's DFAL, trust charters.
8 min read
LicensingGuide
How FCA crypto registration works, who needs FCA authorisation from 25 Oct 2027, the application period to 28 Feb 2027 and how to check the FCA register.
13 min read
StablecoinsGuide
The licence and regulator for stablecoin issuers in 55 regulated markets, the status in 80, from Sherpa's data, with the US, EU, UK and Hong Kong rules.
8 min read
StablecoinsGuide
South Korea has no stablecoin framework in Sherpa's data. The FSC calls stablecoin legislation pending; this is what it has said about the planned law.
6 min read
MiCAGuide
How to check if a crypto exchange holds a MiCA CASP licence: ESMA's register, national registers, and 22 trading platform firms in ESMA's 24 Sep 2026 file.
9 min read
MiCAGuide
Who needs a MiCA licence: the CASP, e-money token and asset-referenced token routes, with capital, passporting and deadlines from the Regulation.
8 min read
MiCAGuide
What MiCA asks of a crypto-asset service provider: minimum capital by class, management and shareholder tests, required policies and the decision clock.
8 min read
StablecoinsGuide
How Hong Kong licenses stablecoin issuers: who needs a licence, headline requirements, the application process and the licensees as of 27 Sep 2026.
8 min read
PaymentsGuide
What an e-money institution licence covers in the EU and UK, the initial capital of at least EUR 350,000, and its role for e-money token issuers.
8 min read
AMLGuide
How the crypto travel rule works in the EU, UK, US, Canada and Switzerland: the thresholds, the data sent with a transfer, and the regulator.
9 min read
LicensingGuide
The licence Sherpa records for crypto-to-crypto exchange in 67 regulated markets, and the regulator, with the EU, UK and US rules explained.
11 min read
MiCAGuide
How Malta authorises crypto-asset service providers under MiCA: who applies to the MFSA, the application fee by class, capital, timeline and the register.
7 min read
LicensingGuide
Who needs a California DFAL licence after 1 Jul 2026, the exemptions, the application, bond and capital rules, and the 2026 changes from SB 97.
10 min read
StablecoinsGuide
What the GENIUS Act requires of payment stablecoin issuers: who may issue, reserves, redemption, monthly reports, AML, the yield ban and when it applies.
8 min read
StablecoinsGuide
Every federal GENIUS Act proposal so far, from Treasury, the OCC, FDIC, NCUA and Federal Reserve, with comment deadlines and when the Act takes effect.
7 min read
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