Crypto & VASP

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。

Lithuanian Crypto Asset Service Provider (CASP)，Formerly known as VASP) is jointly supervised by the Central Bank of Lithuania (Lietuvos bankas) and the Financial Crime Investigation Bureau (FNTT)。Authorizes licensed entities to legally carry out cryptocurrency and fiat currency exchanges in Lithuania and the EU、Legal business such as trusteeship and trading platform operation。Hong Kong Huitong provides application entities with coverage of Lithuanian Closed Joint Stock Company (UAB) establishment、Resident AML Compliance Officer Configuration、UBO penetrating legal currency fund traceability and full-case legal agency services in response to substantive review by the Central Bank of Lithuania。

Since 2020，UK Virtual Asset Service Providers (VASPs) are regulated by the Anti-Money Laundering Regulations (MLR)，Subject to substantive review by the Financial Conduct Authority (FCA)。This registration is a legal license to carry out encrypted asset exchange and private key custody in the UK.。The UK is currently transitioning to a comprehensive authorization regime under the Financial Services and Markets Act (FSMA)。Hong Kong Huitong provides the applicant entity with the construction of a local core management structure、Money Laundering Reporting Officer (MLRO) Configuration、AML/CTF system customization、FCA fund review response and full case legal agency services for FSMA new regulation transition。

According to the EU Markets in Crypto-Assets Regulation (MiCA)，Cryptoasset Service Provider (CASP) comes under substantive scrutiny by Cyprus Securities and Exchange Commission (CySEC)。This license is used to legally carry out crypto asset exchange in 27 EU countries.、Broker、Legal prerequisites for custody and trading platform operations，Equipped with "EU Passport (Passporting)" effect。Hong Kong Huitong provides application entities with coverage of Cyprus local legal person (LTD) establishment、UBO penetrating legal currency fund traceability、DORA cybersecurity alignment and CySEC substantive review response full-case legal agency services。

Australian Digital Currency Exchange (DCE)，VASP (internationally referred to as VASP) is strictly regulated by the Australian Transaction Reports and Analysis Center (AUSTRAC) based on the Anti-Money Laundering and Counter-Terrorism Financing Act.。AUSTRAC DCE registration is a legally binding market access qualification，Authorizes licensed entities to legally conduct legal currency and cryptocurrency exchanges in Australia、Cryptocurrency trading、Virtual asset transfer and custody business。Hong Kong Express provides application entities with coverage for the establishment of local private limited companies (Pty Ltd).、Local resident director configuration、UBO penetrating fund legality traceability、Customized AML/CTF compliance plan preparation and full-case legal agency services for institutional banks’ due diligence response to open accounts。

Polish Crypto Asset Service Provider (CASP)，Formerly known as VASP) is regulated by the Polish Financial Supervisory Authority (KNF)。Authorizes licensed entities to legally carry out cryptocurrency and fiat currency exchanges in Poland and the EU、Cryptocurrency trading、Trusted custody and crypto asset trading platform operations, etc.。Hong Kong Huitong provides applying entities with coverage of Polish limited liability companies (Sp. z o.o.) established、UBO penetrating legal currency fund traceability、Full-case legal agency services for DORA cybersecurity standard alignment and KNF substantive review response。

The Czech Crypto Asset Service Provider (CASP) is jointly regulated by the Czech National Bank (ČNB) and the Financial Analysis Office (FAÚ)。Authorizes licensed entities to legally carry out cryptocurrency and fiat currency exchanges in the Czech Republic and the EU、Legal business such as trusteeship and trading platform operation。Hong Kong Huitong provides application entities with coverage for the establishment of a Czech limited liability company (s.r.o.)、UBO penetrating legal currency fund traceability、Full case legal agency services for DORA network security standard alignment and ČNB substantive review response。

Estonian Virtual Asset Service Provider (VASP/CASP) since 2025 The substantive review has been taken over by the Estonian Financial Supervisory Authority (FSA) since。Authorizes licensed entities to legally carry out cryptocurrency and fiat currency exchanges in Estonia and the EU、Legal services such as custody and transfer services。Hong Kong Huitong provides application entities with coverage for Estonian limited liability company (OÜ) establishment、UBO penetrating legal currency fund traceability、Resident AML compliance officer allocation and full case legal agency services for FSA substantive review response。