Crypto License Guide 2026 — Panama, Lithuania, Dubai & More | Consulting24

Kazakhstan has emerged as a competitive jurisdiction for crypto businesses, offering a clear licensing framework under the Astana International Financial Centre (AIFC) with costs that are often lower than in the EU or the UAE. CRYPTO LICENSE GUIDE · 2026 Kazakhstan crypto company costs Crypto licensing across 15+ jurisdictions CONSULTING24.CO The AIFC Crypto License: A Cost Overview Kazakhstan's crypto licensing is administered by the Astana Financial Services Authority (AFSA) within the AIFC. The jurisdiction offers two main license types: a 'Crypto Exchange' license for trading platforms and a 'Crypto Trading' license for proprietary trading. The application fee for a crypto exchange license is approximately USD 50,000, while the annual fee is around USD 10,000. For a crypto trading license, the application fee is lower, near USD 20,000, with annual fees of about USD 5,000. These fees are competitive compared to EU MiCA requirements, where capital tiers start...

Choosing between Kazakhstan and Panama for your crypto company means comparing a regulated digital asset framework with a tax-friendly jurisdiction that lacks a dedicated crypto licence. This guide examines the key differences to help you decide. CRYPTO LICENSE GUIDE · 2026 Kazakhstan vs Panama for Crypto licensing across 15+ jurisdictions CONSULTING24.CO Regulatory Clarity: Kazakhstan’s AFSA vs Panama’s Open Market Kazakhstan offers a clear regulatory path through the Astana Financial Services Authority (AFSA). The AFSA has issued licences for digital asset activities, including custody, exchange, and payment services, under a framework that aligns with international standards. Companies must meet capital requirements, implement AML/KYC procedures, and undergo regular audits. This structure appeals to founders seeking legal certainty and access to banking partners. Panama, by contrast, has no specific crypto licence. Companies operate under general corporate law, typically as...

Kazakhstan has emerged as a crypto-friendly jurisdiction with a clear tax framework for digital asset transactions, but founders must handle specific rules around mining, trading, and reporting to avoid penalties. CRYPTO LICENSE GUIDE · 2026 Kazakhstan crypto tax explained Crypto licensing across 15+ jurisdictions CONSULTING24.CO Overview of Kazakhstan's Crypto Tax Regime Kazakhstan treats cryptocurrency as property for tax purposes, not as currency. This means that gains from the sale or exchange of crypto are subject to corporate or personal income tax, depending on the entity type. The tax rate for legal entities is 20% on net income, while individuals pay a flat 10% on income from crypto activities. Mining operations are taxed separately under a specific regime. The country introduced a regulatory framework through the Law on Digital Assets and the Law on Mining, which came into effect in 2023. These laws require all crypto businesses to register with the Astana Internatio...