Crypto & VASP

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。