Crypto & VASP

Singapore Digital Payment Token (DPT) and Digital Token Service Provider (DTSP) licenses are authorized and supervised by the Monetary Authority of Singapore (MAS) in accordance with the law.。Authorize registered entities to legally conduct digital token transactions、Asset transfer and trusteeship business。The licensing system is based on the Payment Services Act(PSA) Regulate local and global business，and in 2025 Year 6 moon 30 Japan formally implements the Financial Services and Markets Act(FSMA) No. 9 department，Implement long-arm jurisdiction over compulsory licensing of pure offshore businesses。Statutory structure applies 17% Corporate income tax rates and capital gains tax exemption mechanism。Legal entry threshold requires actual payment 10 Wanzhi 25 Basic capital of S$10,000，A physical office with a local resident compliance officer and meeting physical presence requirements。Hong Kong Express provides applying entities with coverage of local corporate establishment、Executive fitness (Fit & Proper) review match、Compulsory legal opinion letter and external independent audit (EA) docking，As well as full-case legal agency services including MAS interview counseling。

Dubai Virtual Asset Service Provider (VASP) license is authorized and supervised by the Virtual Asset Regulatory Authority (VARA) in accordance with the law。Authorizes licensed entities to legally conduct virtual asset exchanges in Dubai (except DIFC)、Broker、hosting、Lending and consulting, etc. 7 exclusive business。This license complies with FATF international anti-money laundering and Travel Rule standards.，Legally Exempt Privacy Coin (AEC) Transactions，and implement strict net liquid assets (NLA) and 1:1 Reserve requirements。Legal entry requirements require a local physical office，Configure resident compliance officer (CO/MLRO)，Paid-in capital is defined based on the business and custody model. 50 Wanzhi 1 billion dirhams。Hong Kong Huitong provides applying entities with coverage of the establishment of local corporations in Dubai.、Executive fitness (Fit & Proper) Interview Counseling、Compilation of compliance and security manual (including BCDR and hot and cold wallet architecture)，and full case legal agency services for submission and defense of VARA case files。

Dubai Virtual Asset Service Provider (VASP) is subject to hierarchical regulation by Dubai Virtual Asset Regulatory Authority (VARA) and Dubai Multi Commodities Trading Center (DMCC) based on specific business。VARA VASP license is a legally binding franchise qualification，Authorizes licensed entities to legally carry out crypto asset exchanges in Dubai, UAE、Broker market making、Trusteeship, proprietary trading and other businesses。Hong Kong Huitong provides application entities with coverage of DMCC Free Zone Entity (FZ-LLC) establishment、VARA license classification application、UBO penetrating fund legality traceability、Customized AML/CFT compliance plan preparation and full-case legal agency services for UAE local institutional banks to respond to public account due diligence。

Bahrain Crypto Asset Service Provider (CASP) / CRA) license is authorized and supervised by the Central Bank of Bahrain (CBB) in accordance with the law。Authorizes licensed entities to legally carry out crypto asset brokerage in Bahrain、Trusted hosting、Self-operated market making and exchange operations, etc. 4 Class core business。This licensing system applies in accordance with the law 0% Corporate income tax and capital gains tax exemption mechanism，And in 2025 The issuance framework of fiat currency-linked stablecoins (SIO) and the mandatory regulatory sandbox (Sandbox) testing procedures were officially introduced in the new regulations in 2019.。Legal entry threshold requires actual payment 2.5 Wanzhi 30 Registered capital of 10,000 Balin dinars (BHD)，Set up a physical office，And deploy resident executives (including MLRO and CISO) who meet the suitability review。Hong Kong Express provides applying entities with coverage of local B.S.C.. Corporate establishment、Fit & Proper) Interview Counseling、Compliance and cybersecurity manual compilation and CBB case file submission and defense services。

Mongolian Virtual Asset Service Providers (VASPs) are regulated by the Mongolian Financial Regulatory Commission (FRC)。Authorize licensed entities to legally conduct legal currency and virtual asset exchanges、Cryptocurrency trading、Asset transfer、Financial services related to custody and token issuance。Hong Kong Huitong provides application entities with coverage of local limited liability company (LLC) establishment in Mongolia、Executive fitness (Fit & Proper) review match、AML/CFT risk control system compilation and FRC on-site and chartered audit docking full case statutory agency services。

Cayman Islands Virtual Asset Service Providers (VASPs) are regulated by the Cayman Islands Monetary Authority (CIMA)。Authorize licensed or registered entities to legally conduct virtual asset custody (Custody)、Trading platform (VATP) operation、Basic brokerage and transfer services。This license is subject to a hierarchical regulatory mechanism in accordance with business risks.，Establish an internationally recognized local substantive operation (Substance) and capital compliance structure。Hong Kong Express provides applying entities with coverage of Cayman corporate establishment、Executive fitness (Fit & Proper) match、Compilation of compliance and risk control manuals and full case legal agency services for CIMA regulatory inquiry (RFI) defense。

Mauritius Virtual Asset Service Provider (VASP) license is issued by，The country’s Financial Services Commission (FSC) regulates according to law。Authorize licensed entities to legally conduct virtual asset brokerage transactions、Wallet storage、Trusted hosting、Investment consulting and market platform (exchange) operation business。This license is legally applicable under the GBC framework 3% Effective tax rate and exemption from capital gains tax on virtual asset transactions。Hong Kong Huitong provides applying entities with coverage of Global Business Company (GBC) establishment、Resident Money Laundering Reporting Officer (MLRO) Match、Executive fitness (Fit & Proper) review coaching and full legal agency services for FSC compliance case submission and defense。

The Bahamas cryptocurrency license is authorized and supervised by the Securities Commission (SCB) and the Central Reserve Bank (BCR) in accordance with the law.。The core legal basis is the Digital Assets and Registered Exchanges Act 2024 (DARE Act 2024), which comprehensively replaces the old regulations.。Legal caliber is divided into Digital Asset Service Provider (DASP) and Bitcoin Service Provider (BSP)。The income from digital asset transactions of licensed institutions shall be enjoyed in accordance with the law. 0% Corporate income tax and capital gains tax。Statutory application requirements include：Risk-based capital adequacy ratio (digital asset exchanges must maintain at least 12 current assets (months operating expenses)、Absolute physical isolation of client funds、Establishing a local entity and appointing a Money Laundering Compliance Officer (MLRO) and Cybersecurity Officer based in The Bahamas。Hong Kong Huitong provides coverage for corporate establishment、Fit & Proper) review coaching、Business plan compilation and SCB system demonstration agency's full legal agency services。

El Salvador’s Cryptocurrency Licensing System Follows 2021 The enactment of the Bitcoin Act and the subsequent Digital Asset Offering Act (LEAD) formally established。Statutory licenses are divided into digital asset service provider (DASP/PSAD) licenses regulated by the National Commission for Digital Assets (CNAD)，and a Bitcoin Service Provider (BSP/PSB) license registered by the Bank Central Reserve (BCR)。Licensed institutions enjoy legal rights in their activities in the field of digital assets 0% corporate income tax、0% capital gains tax and 0% VAT。Statutory application threshold requires minimum registered capital 2,000 USD (5% paid)，and must establish a local entity、Appointment of Resident Compliance Officer (MLRO) and Cyber ​​Security Officer。Hong Kong Huitong provides coverage for corporate establishment in El Salvador、Resident Compliance Officer Match、AML/KYC policy compilation and CNAD approval agency statutory full case agency services。

The Gibraltar Distributed Ledger Technology (DLT) license is authorized and regulated by the Gibraltar Financial Services Commission (GFSC) in accordance with the law.。Authorizes licensed entities to legally conduct business in Gibraltar that uses DLT to store or transmit value，Covers spot trading of crypto assets、Exchange and custody。Hong Kong Express provides application entities with coverage for the establishment of local private limited companies.、Executive and UBO fitness (Fit & Proper) review match、Compilation of business white papers and AML/KYC internal control systems，and GFSC full case legal agency services including interview coaching and case file defense。