Launching or scaling a crypto business in 2025 requires more than great code and liquidity. It requires the right VASP license —the virtual asset service provider license or equivalent authorization—so banks, payment partners, and enterprise clients can trust your operations. This expert guide deconstructs the VASP application process , compares key crypto jurisdictions (EU MiCA/CASP, UAE VARA/ADGM, Switzerland FINMA, Singapore MAS PSA, Hong Kong SFC VATP, UK FCA), and shows
