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PSP license in Singapore

Elena Kravchenko, 19.10.2018 / Статьи
What is interesting about Singapore when registering payment systems?Singapore is one of the largest financial centers in Asia and stays at a leading position in the World Bank Doing Business ranking in various areas. Payment systems registered in Singapore can apply for various tax benefits. At the same time, the activity is not limited to the Asian market, Europe is no less convenient for the activities of a PSP with a Singapore license.Do I need a license to register a payment system...

Registration of a crypto exchanger, registration of a cryptocurrency exchange in the Czech Republic

Elena Kravchenko, 08.10.2018 / Статьи
Registration of a crypto exchanger in the Czech Republic vs registration of a cryptocurrency exchange in the Czech RepublicIf you are just starting your own crypto activities, you should start with registering a crypto exchanger in the Czech Republic as a more simple form of conducting a cryptocurrency business. After obtaining the necessary experience and accumulation of assets, you can proceed to the registration of a cryptocurrency exchange in the Czech Republic.What is needed for...

Registering online exchanger or cryptocurency exchange in Poland. Regulation of cryptocurrency in Poland

Elena Kravchenko, 28.09.2018 / Статьи
Features and benefits of registering a crypto-exchanger and crypto-exchange in PolandCrypto-exchangers and crypto-exchanges are registered in Poland under the general rules for the registration of companies in Poland. To register a crypto-exchanger and crypto-exchange in Poland, it is necessary to select and check whether the name is free, to collect the necessary package of documents, and to pass the registration procedure. However, in addition to legal aspects, it is worthwhile to take...

Pan-European Crowdfunding platforms will provide their services across the whole EU

20.08.2018 / Статьи
European Commission aims to make Europe an attractive place for start-ups via establishing new politics that regulate crowdfunding. To do so, Commission has already drafted a directive that allow customers to use services of crowdfunding platforms across EU.The EU has made public a plan that will speed up the advancement of new technologies: AI, blockchain, cloud technologies. At this time the major slowing factor for crowdfunding in Europe is every European country have its own rules towards...

LEGAL ADVICE ON THE CFC IN RUSSIAN FEDERATION: Requirements, sanctions and what to do in order to avoid penalties for the CFC

Vladislav Makarenko, 03.07.2018 / Статьи
Sorry, this article is currently available only in Russian


03.07.2018 / Статьи
In SBSB we know that in the field of FinTech changes are taking place almost every day.With the adoption of the European Payment Services Directive financial sector has thoroughly frayed and was forced to adapt to changes.Our clients seek for solutions in the opening of bank account for crypto stock exchange and online exchangers. Banks do not accept such business because of high risk.Regulatory issues regarding cryptocurrency in different jurisdictions are more important than ever,...

Registration a company in Czech Republic

Elena Kravchenko, 15.06.2018 / Статьи
Establishing a company in the Czech Republic is a "modern" solution for efficient business conduct. Czech Republic ranks first in international trade and takes advanced positions in ease of doing business and obtaining credit in the international rating of Doing Business.What are the advantages of registering a company in Czech Republic?Establishing a company in Czech Republic is the basis for the acquisition of real estate and obtaining residence permit and permanent...

Lithuania as a financial start-up

Elena Kravchenko, 06.06.2018 / Статьи
Today, Lithuania gives the highest rates among fintech start-ups in the EU. These indicators appeared due to loyal regulator and control, flexible banking infrastructure and access to the European market.Another distinguishing feature of Lithuania from other potential investment directions within the EU is the terms and legislation.Registration of a payment company in LithuaniaIt only takes a few days to register a company in Lithuania, however, it usually takes 6 to 10 months to...

The license for payment service provider in different countries. Comparative analysis

Julia Demskaya, 25.05.2018 / Статьи
In order to obtain a payment license, you must register the company in the jurisdiction whose terms and conditions are most suitable for your business model.In this article we will review and compare the following jurisdictions: Lithuania, Great Britain, Malta and Estonia.1. PAYMENT LICENSE IN LITHUANIAWith the introduction of the euro since January 2015, Lithuania has a full set of tools to offer investors of payment and electronic money to work in the entire market of the European...

Licensing of electronic money

Yuliya Barabash, 25.05.2018 / Статьи
Progress in technology contributed to the development of a new type of payment instrument - electronic money.Electronic money (E-money) can be defined as a digital form of cash, since it has many characteristics of cash, plus, unlike crypto currency, means electronically stored monetary value in a given currency, for example, UAH or EUR.The exchange of electronic money takes place with the help of technical devices such as a telephone, a computer. In the modern world, gadgets are widely...