MiCA Isn’t just paperwork: The hidden traps that kill EU crypto licenses
On 24 June 2026, Binance quietly withdrew its Markets in Crypto‑Assets (MiCA) license application in Greece, days before the EU’s transitional window for the new regime closed. Instead of becoming one of the first fully licensed MiCA exchanges, the world’s largest crypto platform had to freeze new EU users and prepare for life outside a […]
The Swiss SRO Framework at a Regulatory Turning Point
For many financial intermediaries, Switzerland currently offers a regulatory model that sits between an unregulated commercial activity and a fully licensed financial institution. Businesses falling within this category may operate under the anti-money laundering supervision of a self-regulatory organization, or SRO, without obtaining a prudential license directly from FINMA. This model has become particularly relevant […]
Understanding the VASP License in Argentina
Latin America (Latam) is one of the fastest-growing regions for cryptocurrency adoption, with markets like Brazil, Mexico, and Argentina driving significant transaction volumes and innovation. Latin America has seen exponential growth in crypto usage and investment, exceeding $1.5 trillion in transaction volume by 2025. Several prominent local platforms such as Mercado Bitcoin in Brazil, Ripio […]
Saint Vincent Introduces a New Licensing Framework for Crypto Firms
As the digital asset sector steadily matures, regulatory structures are following suit. In a significant move that underscores this evolution, Saint Vincent and the Grenadines has rolled out the Virtual Asset Business Act 2022 (VABA). This new legislation establishes a robust licensing framework designed to bring greater regulatory clarity, encourage compliance, and elevate the international […]
El Salvador VASP: Navigating the Cryptocurrency Landscape
El Salvador, a small Central American nation known for its stunning coastlines and rich culture, has emerged as a frontrunner in the adoption of cryptocurrency. The pivotal moment came on June 9, 2021, when the Salvadoran parliament passed a law recognizing Bitcoin as legal tender, alongside the U.S. dollar. This groundbreaking decision has not only […]
Not All Financial Licenses Were Created Equal – The Great Advantages of Labuan
When considering a global financial operation aiming to reach greater audiences, jurisdictions like Mauritius and the Seychelles always take the lead, quite justly, in the global financial scene where these cater to the diverse needs of investors and businesses. There is however another option to consider when setting up a global financial operation – in […]
Greece Broker License
Despite many hurdles and challenges, the FX/CFDs industry remains a profitable and lucrative industry for both experienced players and start-ups. One of the highly sought after products in the industry is the constant search for prominent jurisdictions in the EU to establish your brokerage operation. The EU offers a unique regulatory advantage as the offering […]
The Late Rise of International VASP Licenses: A Sign of Blockchain Industry Growth
After a period that the blockchain industry seemed to slow down, it looks like things have started growing again. After an unstable and dark period and the fall of major players, the late awakening of the industry is going simultaneously with the approach of governments to implement new regulation regimes, and laws to make digital […]
Starting A Crypto Exchange in The United Kingdom
Commencing a cryptocurrency exchange, often referred to as a crypto exchange (CE), in the United Kingdom is a multifaceted and meticulously regulated endeavor. The Financial Conduct Authority (FCA), a respected financial regulator, bestows its licenses with a mark of excellence, stability, and trust within the market. Porat Group is your trusted guide through the essential […]
Legal research on Regulation on Markets in Crypto-Assets (MiCA)
In an era marked by rapid advancements in the cryptocurrency industry, regulatory frameworks play a pivotal role in ensuring market integrity, investor protection, and compliance. With the recent approval of the Transfer of Funds Regulation (TFR) update and the Regulation on Markets in Crypto-Assets (MiCA) by the European Parliament, the landscape of cryptocurrency regulation has […]