Hong Kong Licensed digital currency company

1. At present, the blockchain digital currency exchange has three kinds of licenses most applied for in the market: MSB license in the United States, MTR double license in Estonia and austrac license in Australia

MSB license in the United States is a license with a wide range of supervision. It is aimed at engaging in money service business and companies in the United States, including digital currency, virtual currency transactions, ICO issuance, foreign exchange, foreign exchange and so on. Relevant business companies must apply for MSB license to operate in compliance. The license plate is characterized by high reputation, high gold content, independent recognition by investors and exchanges, and low cost compared with other digital currency licenses. Processing: provide a director information (ID card) + provide a company name (need to help you register an American company first)

Estonian MTR virtual currency trading license includes two licenses: virtual currency trading license service and wallet trading service license. Characteristics of the license: the first digital currency license issued by the state is very friendly to the blockchain, the relative policy bill and so on, and the reputation is very high. Although the cost is higher than that of the US MSB license, it is actually very low. Handling: the first way: provide a director's information (ID card) + provide a company name (need to help you register an Estonian company first) + director's no criminal record certificate (need to be notarized) + capital verification account 12000 Euro + local actual office and office staff. The second way: provide a company name, other all inclusive

digital currency traders in Australia need to apply for austrac. If the company providing digital currency transactions does not apply for such a license, it may lead to two years' imprisonment or a fine of aud105000. Australia austrac license features: its business scope can reflect the digital currency words, famous, high gold content, the cost is relatively low. Processing: provide a director's information (ID card) + provide a company name (need to help you register an Australian company first) + director's no criminal record certificate

in fact, the above three licenses are the three most popular digital currency licenses at present, and they all have one thing in common, with high reputation, high gold content and low cost, These three kinds of licenses are not only recognized by customers and investors, but also the three kinds of licenses that the trading platform competes to handle.

2.

Digital currency financial license generally refers to the license to operate digital currency related business in a certain country or region. Having a digital currency finance license means that the institution can conct business and derivative services related to digital currency in the place where it is issued. Such as the establishment of digital currency exchange, payment, digital currency financial derivatives and so on

the issuers of digital currency trading license are generally the National Central Bank and financial regulatory agencies, of course, the participation of legal departments is also very important. There are also great differences in the license application standards of various countries. Some countries and regions even need to apply for relevant securities, banks and funds licenses at the same time

most of the information about the current operation status of the exchange (if the exchange is currently operating) is prepared by lawyers ·

US MSB license, with low registration cost and fast application time, is the lowest application fee among the current financial licenses

we can apply for the following licenses: US MSB license, Canadian MSB license, US NFA license, Estonian MTR, UK FCA, Maltese license, Mauritian license, Singapore foundation, Singapore MAS financial supervision, blockchain license, digital currency supervision license, UAE FSRA license, Cyprus cysec license, Belize IFSC license New Zealand FSP and FMA license, Australian ASIC license, Swiss FINMA license, Seychelles FSA license, Cayman CIMA license and other global overseas regulatory licenses

3.

The use of digital currency license: 1. Packaging platform, good publicity 2. Developing OTC legal currency business of exchange currency trading and contract futures 3. Platform compliance, risk aversion

the commonly used licenses are: MSB of the United States, Estonia (al license digital currency trading license and wallet license), MSB of Canada, Australia, caymann, Singapore, Malaysia, Saint Vincent Philippines, etc

the license of each country should be applied by the local company, or the company can be registered before applying for the license. It can also register with the Singapore foundation, and lawyers can issue legal opinions on the project white paper

4. There is no law to support this kind of virtual currency in our country, and there is a great policy risk. It is suggested that we should not follow the trend to participate in this. Once the state introces policies to crack down on it, we may lose everything. If you have any questions, you can continue to ask me!

5. At present, the most influential one is the United States. In addition, Estonia and Australia can handle it. Fire coin and OK can handle the United States MSB license. The processing time is four to eight weeks. The first condition is to register the local company first. The MSB license is issued by the U.S. Department of Finance and can be found on the website

6. still early. At present, it has not been decided which exchanges will join the sandbox. Coinsuper has indicated that it wants to join the sandbox supervision. According to the report of Pember, coinsuper is considering joining the sandbox, and other exchanges have not yet made a statement.

7. The central bank has not issued a digital currency, and now it is just a research test. All digital currencies under the banner of the central bank are fraud organizations

8. At present, only the state of New York in the United States requires companies operating digital currency to apply for a license. Other regions do not have such a requirement. There is no need to apply for a license to operate e-money business in China. Most of the enterprises applying for licenses in New York state are international well-known enterprises
in China, the platforms and currencies that claim to have been licensed are mostly MLM currencies. Domestic well-known digital currencies include bitcoin, Leyte coin, Ethereum, Ruitai coin and so on.

9. Hello, I am very happy to answer this question.
what companies will apply for this license?
1, WeChat / Alipay's Hongkong agent
is now becoming a WeChat payment (WeChat Pay) or Alipay Hongkong agent, holding MSO license (Hongkong money service operator license) is one of the necessary conditions. If you have the instry resources in Hongkong, such as aviation, catering, hotels, chain stores, supermarkets, travel agents, etc., then apply for WeChat / Alipay to pay Hongkong agents, provide convenient payment methods for various instry businesses, you can earn commissions for settlement and expand your career. The number of mainland visitors to Hong Kong in 2017 was 18 million 500 thousand, with a per capita consumption of 7010 Hong Kong dollars and a total consumption of about 130 billion. The development space of WeChat / Alipay is very large. Second, cross-border payment and cross-border fund management platform
the domestic cross-border e-commerce market is booming. In recent years, Chinese enterprises have opened stores on Amazon, eBay, wish, shopee, Newegg and many other e-commerce platforms in Europe and the United States. At present, about 500000 enterprises are carrying out cross-border e-commerce business. For these export e-commerce companies, the problem of how to transfer the payment for goods sold on the above-mentioned overseas e-commerce platforms back to their company's Hong Kong or domestic bank accounts needs to be solved
the cross-border fund management platform can solve the problem of collection and settlement of foreign exchange for these cross-border e-commerce customers. Through competitive rates and faster time to account compared with competitors in the instry, it provides cross-border e-commerce customers with the service of transferring the foreign exchange payment collected by overseas sales platforms such as Europe and the United States to designated accounts in Hong Kong or China. By applying for MSO license and taking advantage of the advantages of Hong Kong International Financial Center, we provide high-quality services for domestic cross-border e-commerce customers. Similar enterprises include worldfist, PayPal, pingpong, etc
Third, foreign card acquiring
to engage in foreign card acquiring business can obtain income through the exchange difference between currencies, and having the Hong Kong MSO license is one of the current barriers to engage in foreign card acquiring and settlement instry. For the licensed enterprises, holding MSO license in Hong Kong can also make use of the advantages of Hong Kong International Foreign Exchange Center to cooperate with different banks or foreign exchange brokers to obtain a more competitive settlement exchange rate and improve the exchange differential income in settlement
four,
1, game payment platform: the current popular game player, or the domestic agents of premium overseas games, all need to provide premium collection payment platform for domestic and overseas players in the game interface, providing mainstream electronic payment tools including Paypal, Apple pay, Alipay, WeChat, and Europe and America. If the platform holds a Hong Kong MSO license, it can easily handle foreign exchange settlement and collection and payment
2. Collection and payment on behalf of overseas advertising platforms: for cross-border e-commerce or domestic customers, provide customers with advertising resources of overseas mainstream media, and assist customers to pay foreign exchange advertising funds on behalf of them, so as to earn income such as agency price difference, exchange difference and handling charge
3. Supply chain finance companies: provide supply chain financial services for cross-border e-commerce platforms, and provide export seller's credit, export buyer's credit, medium and long-term receivables buyout, internal insurance cross-border financing and other financial services for upstream and downstream enterprises in the supply chain, which will involve the collection and payment of foreign exchange< 5. Exchange shop / exchange bank in Hong Kong;

10.

Hong Kong MSO money service operator license is also called Hong Kong Customs license. The full name of Hong Kong MSO license is money service operator, which means money service operator

why apply for Hong Kong MSO financial license

1. Investor recognition - as a major financial market in Asia, Hong Kong is also the offshore center of RMB in the world. The maturity of regulatory framework, the perfection of open trading, the scale of asset management and the richness of financial procts are all in the forefront of the world

2. Obtaining authoritative approval - obtaining the Hong Kong money service operator license (MSO) means obtaining a "pass" in the Hong Kong currency and foreign exchange market. Every transaction is subject to the supervision of the Hong Kong government and 100% compliance protection

3. High degree of customer trust - with legal protection, customers can trust you more, and the capital flow is safe and confidential

4. Diversified services - Hong Kong market implements the financial license management system, and enterprises or institutions can carry out the trading of stocks, financial derivatives, foreign exchange and gold at the same time

the compliance license formulated and issued by the money services supervision section in accordance with the anti money laundering and fund raising (financial institutions) Bill drafted in 2012, "operator" refers to the indivial or (enterprise) institution operating currency exchange services or remittance services in Hong Kong. This license and its legislation endow the regulatory authorities with appropriate regulatory and law enforcement powers and formulate relevant penalties. As a means of improving and strengthening the anti money laundering system applicable to financial institutions and bringing it into line with international standards, it plays an important role in consolidating Hong Kong's status as an international financial center