Digital currency's trading industry license generally refers to the operating license in a certain country or region, but it also involves related securities, banks and fund licenses. Digital currency's trading licenses are generally issued by the national central bank and financial regulators. Of course, the participation of the legal department is also very important. There are also great differences in license application standards in different countries, but exchanges generally need to prepare materials according to local enterprise registration conditions and license application standards.

At present, Canada, Australia, the United States, Estonia, Japan, Thailand, Cayman and other places can apply for digital licenses. Estonia and the United States are relatively cost-effective in the registration process and fees.

There is nothing special about which country to apply for. It mainly depends on your budget and the effect you need to achieve. Let's take the American MSB as an example. Information only needs to provide name and shareholder information. The process is to register an American company before applying for a license. The registered address is provided by our company.