Anyone applied for Estonian cryptocurrency exchange/wallet licenses? - page 2.

Tivadar

newbie

Activity: 63

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Quote from: Golberg on May 01, 2018, 02:56:51 PM

thats why i asked you, because in the form , they asked what kind of business you going to do . I thought you told them crypto business.

Probably if i put crypto business they not going to send my ID Huh

Hm then probably I did tell them. It was in Fabruary, don't remember. I don't think they have any problems with crypto.

Golberg

member

Activity: 74

Merit: 10

Quote from: Tivadar on May 01, 2018, 02:54:12 PM

Quote from: Golberg on May 01, 2018, 02:51:44 PM

did you have the e-residence before you get your company or after? do they know you going to have a crypto business before they send your e-residence?

Binance is a Chinese/Maltese company, of course they don't need license from Estonia, why would they?

No, of course they did not know. Anybody can apply. See the requirements.

thats why i asked you, because in the form , they asked what kind of business you going to do . I thought you told them crypto business.

Probably if i put crypto business they not going to send my ID Huh

Tivadar

newbie

Activity: 63

Merit: 0

Quote from: Golberg on May 01, 2018, 02:51:44 PM

did you have the e-residence before you get your company or after? do they know you going to have a crypto business before they send your e-residence?

Binance is a Chinese/Maltese company, of course they don't need license from Estonia, why would they?

No, of course they did not know. Anybody can apply. See the requirements.

Golberg

member

Activity: 74

Merit: 10

Quote from: Tivadar on May 01, 2018, 02:48:52 PM

Quote from: Golberg on May 01, 2018, 02:46:53 PM

i mean, if you registered the company in estonia and dont have a licence its illegal?

Yes I understand that's the case, why would they create a license if you don't need to apply for it?

Just like when you set up a money exchange booth at a station, you need some kind of license probably. Make sense.

an exchange without fiat does not to get a licence in many countries .

did you have the e-residence before you get your company or after? do they know you going to have a crypto business before they send your e-residence?

Tivadar

newbie

Activity: 63

Merit: 0

Quote from: Golberg on May 01, 2018, 02:46:53 PM

i mean, if you registered the company in estonia and dont have a licence its illegal?

Yes I understand that's the case, why would they create a license if you don't need to apply for it?

Just like when you set up a money exchange booth at a station, you need some kind of license probably. Make sense.

Golberg

member

Activity: 74

Merit: 10

Quote from: Tivadar on May 01, 2018, 02:39:11 PM

Quote from: frompublic on May 01, 2018, 02:19:37 PM

we cannot run the exchange without licence?

Of course you can, it's just per se illegal, and probably warrants a fine or other penalty.

i mean, if you registered the company in estonia and dont have a licence its illegal?

Binance does not have good licence in some countries. and also it does not deal with fiat .

Tivadar

newbie

Activity: 63

Merit: 0

Quote from: frompublic on May 01, 2018, 02:19:37 PM

we cannot run the exchange without licence?

Of course you can, it's just per se illegal, and probably warrants a fine or other penalty.

frompublic

member

Activity: 80

Merit: 10

Quote from: Tivadar on April 18, 2018, 11:19:39 AM

Quote from: MkGregor on April 07, 2018, 06:30:56 PM

As far as my research shown, the problem is NOT getting license or setting up a company, the problem is to get BANKS to work with you.

This seems right. However, do you know anybody personally/online who got the licenses? A contact would be very helpful! Thank you!

we cannot run the exchange without licence?

Tivadar

newbie

Activity: 63

Merit: 0

Great idea & find jahn_quid, thanks a lot, this seems very helpful!

trupero_uno, thank you, I'll contact them!

jahn_quid

newbie

Activity: 182

Merit: 0

Quote from: Tivadar on February 25, 2018, 11:08:00 AM

Hey all,

we're in the process of founding a company in Estonia online as e-residents. Our company will work with crypto, so we'll need one or both cryptocurrency licenses.

Please reply if you applied for them! Did you do it by yourself? Did you use a law firm? Which one? How difficult/complex was it? Would you recommend applying for it ourselves? Technically speaking, where can we get English information how & where to apply?

Thanks a lot, ANY info on this subject is valuable! Kiss

In terms of specific info on processes in Estonia, I'm not sure this forum is particularly useful (I may be wrong, but judging by the responses to your post, it seems no one has any knowledge).

Maybe you'd have some luck here? It's a FB group for e-residents. Good thing is that there are many official Estonian and e-Residency reps that pop up every once in a while. And there seems to be more and more crypto questions as well.

Not sure it helps, but good luck!

trupero_uno

jr. member

Activity: 210

Merit: 1

Hi,
I noticed that several months ago there was an Estonian company held an ICO, they said in the whitepapers that they are supported by the Estonian Government. I just saw at a glance, their project called CrowdCoinage. Perhaps some of them can help you to launch your ICO, I remember my friend participated on their ICO. I will ask him to find the contact for you.

Tivadar

newbie

Activity: 63

Merit: 0

Anybody?

Tivadar

newbie

Activity: 63

Merit: 0

Quote from: MkGregor on April 07, 2018, 06:30:56 PM

As far as my research shown, the problem is NOT getting license or setting up a company, the problem is to get BANKS to work with you.

This seems right. However, do you know anybody personally/online who got the licenses? A contact would be very helpful! Thank you!

MkGregor

jr. member

Activity: 224

Merit: 9

Bitcoinus Community Manager

As far as my research shown, the problem is NOT getting license or setting up a company, the problem is to get BANKS to work with you.

Amseth

newbie

Activity: 9

Merit: 0

I think is worth , despite taxes ! My oppinion

Tivadar

newbie

Activity: 63

Merit: 0

Any advice on accounting an the OÜ / Estonian company would be also welcome!

Tivadar

newbie

Activity: 63

Merit: 0

Quote from: nox701 on April 05, 2018, 04:15:56 PM

Quote from: irfanmalik04 on April 05, 2018, 03:52:58 PM

For opening Exchange then Estonia is best

how can we get licence for crypto exchange?

Yes, this is exactly the question of this topic.

nox701

copper member

Activity: 14

Merit: 0

Quote from: irfanmalik04 on April 05, 2018, 03:52:58 PM

For opening Exchange then Estonia is best

how can we get licence for crypto exchange?

irfanmalik04

newbie

Activity: 31

Merit: 0

For opening Exchange then Estonia is best

Tivadar

newbie

Activity: 63

Merit: 0

Quote from: GreeCoin on April 05, 2018, 07:47:03 AM

I contacted with them and honestly I found their procedure very flexible comparable to Japan. Need 5 employees. .Even you can get residence permit and many things more. There is no tax just imply on employees salaries

Did you apply for the cryptocurrency licenses?

Topic: Anyone applied for Estonian cryptocurrency exchange/wallet licenses? - page 2. (Read 699 times)