Virtual Asset & VASP Licensing โ€” All Jurisdictions

Zitadelle AG assists crypto exchanges, virtual asset custodians, stablecoin issuers, DeFi platforms, and digital asset service providers in obtaining VASP, CASP, and virtual asset authorizations across 22+ jurisdictions worldwide. Select a jurisdiction to view full requirements, capital thresholds, and application details.

VASP, CASP, DCE, DASP โ€” understanding the terminology

Virtual Asset Service Provider (VASP) is the FATF-standard term covering crypto exchanges, wallet providers, custodians, and transfer services. Crypto-Asset Service Provider (CASP) is the EU MiCA equivalent. Digital Currency Exchange (DCE) is the Australian AUSTRAC term. Digital Asset Service Provider (DASP) is used in El Salvador.

Regardless of the term used in your target jurisdiction, the regulatory substance is similar โ€” entities facilitating virtual asset transactions for third parties require authorization. Zitadelle AG covers all major frameworks and advises on the most appropriate jurisdiction for your specific crypto business model.

Virtual Assets & Crypto Licensing

22 Jurisdictions Available

From EU MiCA CASP authorization to cost-effective offshore VASP registrations, we cover the full spectrum of virtual asset and crypto licensing options worldwide.

Filter by jurisdiction:
โ˜… Most Requested
Mauritius

Mauritius โ€” VASP License

FSC Mauritius VASP under VAITOS 2021. Multiple license classes. ~3% effective tax, FATF-aligned, 4โ€“12 month timeline. Crypto exchange, custody, wallet, and advisory.

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โ˜… Most Requested
Labuan

Labuan โ€” Digital Financial Services / VASP

Labuan LFSA Digital Financial Services License. Crypto, digital assets, and virtual currency services from Malaysia's offshore financial centre.

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โ˜… Most Requested
South Africa

South Africa โ€” FSP Crypto-Asset License

FSCA crypto-asset license under the South Africa FSP framework. Crypto exchange and VASP authorization for African markets.

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Cyprus

Cyprus โ€” MiCA CASP License

EU MiCA Crypto-Asset Service Provider authorization via CySEC. Full EU passporting across 30 EEA states. Two resident executive directors required. Zitadelle AG headquartered in Cyprus.

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Seychelles

Seychelles โ€” VASP License

FSA Seychelles VASP registration. Offshore crypto setup, fast timeline, cost-efficient. Covers exchange, transfer, custody.

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Australia

Australia โ€” DCE (AUSTRAC)

Digital Currency Exchange registration with AUSTRAC. No capital requirement. Fast registration. Mandatory AML/CTF compliance.

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BVI

BVI โ€” VASP License

BVI FSC VASP license under VASP Act 2022. Offshore crypto exchange and custody. Established BVI regulatory framework.

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Cayman

Cayman Islands โ€” VASP License

CIMA-regulated VASP in Cayman Islands. Premier offshore crypto jurisdiction. Institutional credibility for digital asset businesses.

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El Salvador

El Salvador โ€” DASP License

Digital Asset Service Provider license from SSF El Salvador. Bitcoin legal-tender jurisdiction. Innovative crypto regulatory framework.

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Mauritius

Mauritius โ€” ITO / Stablecoin Issuer License

Initial Token Offering licensing and Stablecoin/Digital Yuan issuer authorization from FSC Mauritius.

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Kazakhstan

Kazakhstan (AFSA) โ€” Stablecoin Issuer License

AFSA stablecoin issuer license at the AIFC. Zero tax, English common law, CIS market access. Digital asset integration.

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Panama

Panama โ€” VASP Company (Unregulated)

Register a Panama company for virtual currency exchange services. Unregulated offshore structure for crypto businesses.

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Costa Rica

Costa Rica & Panama โ€” VASP Without License

Register a VASP company without a formal license in Costa Rica and Panama. Offshore crypto setup for unregulated markets.

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St. Lucia

St. Lucia โ€” VASP License

FSRA St. Lucia virtual asset provider regulation. Caribbean VASP setup for crypto businesses.

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SVG

St. Vincent โ€” Virtual Asset Companies

SVG virtual asset company setup (2025). Offshore crypto structure in St. Vincent and the Grenadines.

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Switzerland

Switzerland โ€” SRO Registration

Swiss SRO registration for crypto, VASP, and payment companies. FINMA-aligned self-regulatory organization membership.

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Vanuatu

Vanuatu โ€” VASP License

Vanuatu VFSC VASP license under 2025 regulation. Offshore crypto exchange and digital asset services.

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Ready to obtain your VASP or crypto license?

Our crypto licensing specialists will guide you through jurisdiction selection and the full authorization process.