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I am planning to launch an exchange that will be available to users from different regions - Europe, Asia and possibly the US. I understand that each jurisdiction has its own requirements for business registration, licensing, data storage and KYC/AML procedures. I would like to understand what international licenses exist that are suitable for crypto exchanges (e.g. Estonia, Lithuania, Singapore), how difficult the process of obtaining them is and how to ensure compliance with the requirements of several jurisdictions at once in order to avoid blocking and fines.
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A great question about legal and regulatory aspects - this is where you should start if you are planning to launch a fiat-crypto exchange. I went through this myself recently and I can say that it is not so easy to comply with all the requirements of different countries. It is especially important to think about how you will implement KYC/AML procedures merehead, obtain licenses (for example, in Estonia, Lithuania or Switzerland), and how to build work with payment providers. I found a great article where everything is laid out on the shelves - from the choice of jurisdiction to technical requirements: link.
It describes not only legal aspects, but also what the platform architecture should look like so that it meets international security and financial monitoring standards. I advise you to read it, especially if you want to avoid pitfalls and save resources at the launch stage.Comentario
