Many exchanges want to apply for a digital currency license, but they don't know how to choose. Some will refer to the licenses applied by their peers, and some will check online and think about it. Today, I will give you a comprehensive collection for your reference and choose the licensed application that suits you.

Global digital currency license application selection, according to the survey of major project exchanges, the following popular licenses are sorted out:

First place: American MSB

Impact: ☆ ☆ ☆ Compliance X: ☆ ☆ ☆ ☆ Application difficulty: ☆.

If you want to legally carry out digital currency business in the United States, you must obtain the MSB license in the United States! First-and second-tier exchanges such as Huobi, Bian, OK and Matcha all got MSB, and the gold content is self-evident.

Second place: Singapore foundation+legal compliance opinions Influence: ☆ ☆ Compliance X: ☆ ☆ ☆ Application difficulty: ☆.

A complete Singapore compliance system is also the best choice for many project parties and exchanges!

Third place: Canadian MSB influence: ☆☆ Compliance X: ☆ ☆ ☆ Application difficulty: ☆☆.

It is not as famous as the United States, but in 2020, the scope of license business increased virtual currency transactions, so there has recently been a wave of MSB applications in Canada!

Fourth place: AUSTRAC license influence in Australia: ☆ ☆ ☆ Compliance X: ☆ ☆ ☆ ☆ Application difficulty: ☆ ☆.

AUSTRAC Australia is the leading core financial market in the world. Obtaining an Australian regulatory license can greatly enhance the strength of the platform and the confidence of customers. It is a standard license for trading institutions in digital currency. The digital currency Stock Exchange operating in Australia will now be supervised by AUSTRAC, the Australian financial regulator. Australian law gives AUSTRAC the right to supervise the trading of various cryptocurrencies on the digital currency Stock Exchange.

Fifth place: Estonia FTR influence: ☆ ☆ ☆ Compliance X: ☆ ☆ ☆ ☆ Application difficulty: ☆ ☆.

Estonia is a double license plate, digital currency license plate+wallet license plate, why is it ranked fifth? Because its policy changes frequently, it is difficult to apply, and legal persons will be randomly selected for local interviews, and more materials will be prepared in the early stage. However, if you break through many obstacles and get an Estonian license, you will feel that everything is worth it.

Sixth place: Singapore MAS influence: ☆☆☆☆ Compliance X: ☆ ☆ ☆ Application difficulty: ☆☆☆☆ Undoubtedly, Singapore MAS license is one of the most valuable licenses at present, but its application threshold is high and the time for obtaining the license is extremely long, which makes many exchanges flinch. ......

At present, the most popular countries to apply for digital currency license are the United States, Australia, Estonia and Malta, and the price difference among these countries is not very big. The price in Estonia is a bit troublesome, but the comparison process is quite troublesome. The famous country is the United States, whose technology is relatively simple and the price is not high, so it can rank first in the X price ratio.