crypto license

[RobertLom]

The main provisions of the PSD2:1,244,188Approximately 1,500 EUR (before tax deductions)In addition to the immediate cost of the licence, prospective operators should also consider the additional costs that may be incurred in obtaining and maintaining the licence:One of the most common types of legal structures is a Private Limited Liability Company (S.R.O.) which is usually selected to establish a small or medium-sized business since share capital requirements are low and corporate governance regulations are lighter compared to more complex business structures. How the company is planning to use the distributed ledger technologyCan a license be obtained without a bank account?No. Having a bank account is a formal requirement for financial transactions related to gambling operations. Those include deposits, withdrawals, and payment processing.The cryptocurrency regulatory environment is constantly evolving, requiring companies to continuously learn and adapt to new requirements and best practices. Recommended:Why Choose Ireland for Your Business?Research: Study the offers of different banks. Loan terms, interest rates and additional fees may vary significantly.