License Application Support for Crypto-Asset Exchange Business

Responding to the expansion of the non-fungible token (NFT) market and an increase in the number of companies using it for business purposes, there has been a growing interest in the use of crypto assets, which have a variety of uses such as larger fundraising and payment methods.

However, unlike NFT, in order to treat crypto assets as a business, license with regulatory authorities and establishment of a strict regulatory compliance framework are required.

KPMG AZSA can provide advisory services that support license applications for crypto asset exchange businesses based on extensive knowledge of best practices in related to industries, relevant regulations including Payment Services Act.