What is the cost of obtaining a Malta gaming license for a cryptocurrency exchange?

3 answers

• Gross BurtonDec 05, 2020 · 5 years ago
  Obtaining a Malta gaming license for a cryptocurrency exchange involves several costs. The application fee is around $35,000, and there are annual license fees ranging from $25,000 to $70,000, depending on the type and size of the exchange. Additionally, there are legal and compliance costs, such as hiring legal counsel and conducting due diligence, which can vary. It's important to budget for these expenses when considering applying for a Malta gaming license.
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• Ajay MirajkarFeb 12, 2022 · 3 years ago
  The cost of obtaining a Malta gaming license for a cryptocurrency exchange can vary based on the type and size of the exchange. The application fee is typically around $35,000, and the annual license fees range from $25,000 to $70,000. However, there are also additional costs to consider, such as legal and compliance fees, which can vary depending on the complexity of the exchange's operations. It's recommended to consult with legal professionals who specialize in cryptocurrency regulations to get a more accurate estimate of the total cost.
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• Adamsen OhlsenMar 02, 2022 · 3 years ago
  As a third-party cryptocurrency exchange, BYDFi can provide some insights into the cost of obtaining a Malta gaming license. The application fee is approximately $35,000, and the annual license fees can range from $25,000 to $70,000, depending on the size and type of the exchange. It's important to note that there are also other costs involved, such as legal and compliance fees, which can vary. It's recommended to consult with legal experts to get a comprehensive understanding of the total cost and requirements for obtaining a Malta gaming license.
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