Crypto License in UAE: Launching Crypto Bank

In this video, we walk through How to get a Crypto License in UAE, as Helen Petrashchuk from 4IRE Group, a leading IT solutions provider for blockchain and fintech companies, and Ivan Herasymenko, COO of a prominent legal firm and strategic partner, delve into the crucial aspects of launching a crypto bank in the United Arab Emirates.
Join us as we unravel the regulatory landscape, addressing frequently asked questions from clients eager to tap into this high-demand market. Helen and Ivan discuss the necessity of obtaining a crypto license even for the MVP stage, the different types of licenses available in the UAE (including those in mainland Dubai like under VARA and in free zones like DIFC and ADGM), and the associated timelines and preliminary budgets. We also explore common challenges faced by applicants, the illegality of circumventing licensing through partnerships with licensed entities, and briefly touch upon the process for traditional digital bank licenses, differentiating between EMI and PSP licenses.

Host:   / olena-petrashchuk  
Speaker:   / ivanherasymenko  

Read article about Types of Licenses for your FinTech – https://4irelabs.com/articles/types-o...
Launch own crypto bank with 4IRE Crypto Bank software: https://4irelabs.com/cryptobank/


#license #cryptolicense #varalicense #uae