El Salvador · Armenia · US — compared
Get your crypto licence in the right jurisdiction
One licence decision sets your costs, banking and market access for years. We compare jurisdictions against your model, then take you through licensing end to end.
Picking a jurisdiction blind is expensive
You overpay by default
The reflex answer is the US — where there is no single crypto licence, only FinCEN registration plus money transmitter licences in up to 49 states, each with its own fees, bonds and timelines.
Banks say no after you're licensed
A licence without a bank account is a certificate on the wall. Banking feasibility has to be tested before you commit to a jurisdiction, not after.
The wrong flag costs you deals
Counterparties, exchanges and payment providers read your jurisdiction as a risk signal. A poor fit forces you to relicense later — at double cost.
How we help
Compare against your model
We map your product, clients and budget to the jurisdictions that actually fit — including the honest cost of the US route.
Choose and structure
Entity, capital, governance and banking plan for the jurisdiction you pick — designed to pass the regulator's review the first time.
Get licensed
We prepare the application, respond to the regulator and stay with you until the licence — and the bank account — are live.
Not sure where to start? Get the comparison report — a written recommendation for your specific case.
Three jurisdictions, three strategies
El Salvador
DASP licence under CNAD. The fastest, most cost-efficient route we work with — built for exchanges, wallets and token issuers that don't need a US flag.
El Salvador licenceArmenia
CASP licence from the Central Bank of Armenia. A credible, regulated base for OTC desks, P2P platforms and CIS-facing businesses.
Armenia CASP licenceUnited States
No single licence exists. FinCEN registration plus state-by-state money transmitter licences — maximum market access at maximum cost.
The US route explainedResults, not promises
The right jurisdiction is not the famous one. It's the one where your model gets licensed, banked and running.
Licensing track built around the real service scope
Company and licensing structure, regulator-ready compliance pack and a CNAD submission roadmap for a digital asset business — scope-first, so the licence matches what actually launches. The case
From perimeter analysis to an AFSA-ready file
OTC and brokerage services for professional clients: regulatory perimeter mapped, governance and policies built from real flows, submission and Q&A package prepared. The case
Not sure where to start? Get the report
What's inside
A written comparison of El Salvador, Armenia and the US against your business model: requirements, realistic costs and timelines, tax, banking feasibility and a clear recommendation.
Who it's for
Founders choosing where to license — before committing budget to lawyers, capital and applications in the wrong country. US $200, credited against your engagement if you proceed with us.
Book a consultation
Tell us your model, target clients and budget. We'll tell you which jurisdiction fits — and what it will really take to get licensed there.