Hello everyone!!! In the field of cryptocurrencies, there are several key types of services that require licensing. The main ones include exchanging cryptocurrencies for fiat money, storing cryptocurrencies for customers, providing cryptocurrency-based payment services, as well as ICO (Initial Coin Offering) and STO (Security Token Offering). Each of these activities is subject to different regulatory requirements depending on the jurisdiction. For example, crypto license in Dubai is easily obtained with the help of professionals from https://gofaizen-sherle.com/crypto-license/uae. They specialise in ensuring compliance with all regulatory requirements and providing the necessary expertise.
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It is especially important that companies providing cryptocurrency services comply with AML (anti-money laundering) and KYC (customer identity verification) standards to prevent illegal activities and ensure the safety of financial transactions.