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How to choose the digital currency license of the exchange?
The following is a list of licenses of the project owner and the exchange for your reference ~

First place: American MSB

Influence: five stars

Compliance: five stars

Application difficulty: one star

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 Opinion

Influence: four stars

Compliance: five stars

Application difficulty: one star

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

Third place: Canada MSB

Influence: four stars

Compliance: five stars

Application difficulty: one star

It is not as famous as the United States, but it is said that digital currency will be added to the business scope of license in 2020, and there will definitely be a wave of MSB applications in Canada!

Fourth place: Estonia FTR

Influence: five stars

Compliance: five stars

Application difficulty: three stars

Estonia is a dual license plate, digital currency license plate+wallet license plate, why is it ranked fourth? Because its policies often changed, it was difficult to apply at that time, and local interviews would randomly select legal persons, so more preliminary materials needed to be prepared. However, if you break through many obstacles and finally get an Estonian license, you will feel that everything is worth it.

Fifth place: Singapore MAS

Influence: five stars

Compliance: five stars

Application difficulty: five stars

Undoubtedly, Singapore MAS license is one of the most valuable licenses at present, but its high application threshold and extremely long licensing time have discouraged many exchanges. ......