What are the legal requirements for establishing a subsidiary in the cryptocurrency industry?

3 answers

• Cecile DekkerJul 21, 2025 · 2 months ago
  Establishing a subsidiary in the cryptocurrency industry involves complying with various legal requirements and regulations. Firstly, it is essential to ensure that the subsidiary is registered and licensed in accordance with the laws of the jurisdiction it operates in. This may include obtaining licenses for cryptocurrency trading, money transmission, or other relevant activities. Additionally, the subsidiary must adhere to anti-money laundering (AML) and know your customer (KYC) regulations to prevent illicit activities. It is crucial to consult with legal experts who specialize in cryptocurrency law to ensure compliance with all applicable regulations.
  663

  332
• Dinesh yadavDec 07, 2023 · 2 years ago
  When it comes to establishing a subsidiary in the cryptocurrency industry, there are several legal requirements to consider. Firstly, you need to ensure that your subsidiary is registered and licensed in the jurisdiction where it operates. This may involve obtaining licenses for cryptocurrency-related activities such as trading or exchange services. Additionally, you must comply with anti-money laundering (AML) and know your customer (KYC) regulations to prevent illicit activities. It's important to consult with legal professionals who have experience in the cryptocurrency industry to navigate the complex regulatory landscape.
  634

  212
• Elgaard ValentineNov 30, 2023 · 2 years ago
  Establishing a subsidiary in the cryptocurrency industry requires careful attention to legal requirements. It is crucial to understand the specific regulations and obligations that apply to the cryptocurrency industry in the jurisdiction where the subsidiary will operate. This may include obtaining licenses for cryptocurrency-related activities, complying with AML and KYC regulations, and ensuring compliance with securities laws if applicable. Seeking legal advice from professionals with expertise in cryptocurrency law can help ensure that all necessary legal requirements are met.
  587

  147