Thanks to optimal business conditions, the volcanic islands located between Madagascar and the African coast are increasingly emerging (casinos with Comoros gambling license) as a promising hub for the digital financial industry.
Diplomatic ties with various states and international structures will facilitate the process of creating and developing a crypto business, allowing you to fully appreciate the advantages of this territory. Let’s figure out why Comoros is one of the best jurisdictions for obtaining a cryptocurrency license.
Comoros and crypto business.
The Comoros archipelago is a federal alliance of four autonomous islands:
Moheli;
Anjouan;
Grande Comore;
Mayotte (controlled by France).
According to the Constitution of the Union, each of them is a separate jurisdiction with the right to adopt its own legislation, appoint its own president or governor and form its own parliament and regulatory bodies.
The liberal regulatory environment makes the country attractive for international cryptocurrency projects. The Comoros Islands demonstrate openness when it comes to virtual currencies, which is important for companies wishing to operate in a legal and regulated market with Comoros gambling license.
License for cryptocurrency business in Comoros.
The Comoros Archipelago Cryptocurrency License are permits issued by government authorities that allow activities related to digital currencies.
Areas that require licensing:
any transactions with securities and currencies (Forex);
payment services;
brokerage and custodial services;
financial consulting and trust management of assets;
cryptocurrency wallet service;
startups in the field of blockchain technologies;
issue and underwriting of securities, etc.
The Comoros license strengthens the international reputation in the market and facilitates access to banking and financial services. Receiving it means that your company complies with relevant laws and reliably protects the digital assets of its customers.
