Successful Cases of Obtaining VASP Licenses with Our Legal Company: RUE’s legal experience allows us to obtain crypto licenses in EU.

Successful Cases of Obtaining VASP Licenses with Our Legal Company: RUE’s legal experience allows us to obtain crypto licenses in EU.

In the changing landscape of digital assets regulation, Virtual Asset Service Providers (VASPs) face increasing demands and growing experience in the field of blockchain, crypto, AML and have chosen it as the main priority for compliance, transparency, and regulatory alignment. Our legal company has helped clients obtain VASP (or equivalent) licenses/certifications across Europe, ensuring full adherence to MiCA (Markets in Crypto-Assets Regulation) and related EU law. Below are selected case studies, followed by a survey of the top EU countries by VASP license numbers, to help you understand where the opportunities lie.

Navigating the Path to VASP Licensing in Europe

The European regulatory landscape for Virtual Asset Service Providers (VASPs) has undergone a profound transformation in recent years. With the rise of cryptocurrencies, digital exchanges, and blockchain-based financial services, European regulators have stepped in to ensure transparency, accountability, and consumer protection. For companies working in this fast-evolving ecosystem, obtaining a VASP license is no longer a luxury – it is an essential requirement to operate legally and build trust with clients and partners.

However, navigating the complex web of licensing requirements across the European Union is not a simple task. Each jurisdiction has its own approach to supervision, documentation, compliance obligations, and interaction with regulators. For many fintech entrepreneurs, especially those outside the EU, the process can appear opaque and time-consuming.

This is where Regulated United Europe (RUE) plays a pivotal role. Over the past several years, RUE has successfully guided dozens of companies through the full licensing process, helping them establish fully compliant, legally sound crypto and fintech operations across multiple European jurisdictions. The firm’s legal, compliance, and regulatory specialists bring deep knowledge of both European and national frameworks, ensuring that clients are prepared for the rigorous due diligence and ongoing reporting requirements demanded by regulators.

RUE’s success in securing VASP licenses for its clients demonstrates more than just procedural expertise – it reflects a profound understanding of the strategic and operational implications of regulation. By aligning each client’s business model with the most suitable jurisdiction, RUE enables companies not only to achieve compliance but to strengthen their long-term competitiveness in the European market.

Today, with the Markets in Crypto-Assets Regulation (MiCA) gradually harmonizing the EU framework for virtual assets, RUE continues to position itself at the forefront of regulatory innovation – helping businesses stay compliant while expanding their global footprint.

Understanding the VASP License: What It Means and Why It Matters

A Virtual Asset Service Provider (VASP) license is one of the most important authorizations for companies operating in the digital asset industry in Europe. It officially recognizes that a business meets all the regulatory, operational, and technical requirements to conduct activities involving cryptocurrencies and other virtual assets. In practical terms, it is a legal passport that allows a company to operate transparently, engage with financial institutions, and offer services across the European Economic Area.

The term “VASP” encompasses a wide range of crypto-related activities, including exchanges between digital assets and fiat currencies, transfers of virtual assets on behalf of clients, custody of crypto assets, and participation in token issuance. However, despite these broad definitions, each EU member state applies its own national interpretation and procedures. This makes the process both complex and highly jurisdiction dependent.

For instance, Estonia, one of the earliest adopters of crypto regulation, originally offered a very liberal licensing regime. Over time, as the industry matured and risks evolved, Estonian authorities introduced a more rigorous framework emphasizing capital requirements, internal control systems, and local management presence. Meanwhile, Lithuania emerged as a preferred jurisdiction for many international crypto projects because of its efficient registration process, pragmatic approach by the Financial Crime Investigation Service (FCIS), and a rapidly growing fintech ecosystem.
In contrast, France and Germany maintain more structured and demanding regimes that closely align with the principles set out in the upcoming Markets in Crypto-Assets Regulation (MiCA). These systems focus heavily on anti-money laundering (AML) and counter-terrorist financing (CTF) controls, as well as transparency and fit-and-proper criteria for management and shareholders.

Obtaining a VASP license is not simply about ticking compliance boxes – it is a strategic move that enhances credibility, market access, and investor confidence. In a sector where trust and security define success, regulatory approval signals that a company operates within the bounds of law and can be relied upon to safeguard clients’ funds and data. It also opens doors to partnerships with banks, payment processors, and institutional investors that require proof of regulatory oversight before cooperation.

At the same time, the application process can be demanding. Companies must demonstrate sound governance structures, transparent ownership, experienced leadership, and robust AML/CFT frameworks. They must also have internal policies, risk-management tools, and IT systems capable of preventing illicit activities and ensuring data integrity. Many applications falter not because of bad intentions, but because of poor documentation or insufficient understanding of regulatory expectations.

This is where Regulated United Europe (RUE) provides a decisive advantage. The firm’s legal and compliance specialists have guided numerous clients through the entire licensing process – from initial jurisdiction analysis and business model adaptation to drafting AML manuals, preparing compliance documentation, and liaising directly with regulators. Thanks to its experience across multiple European countries, RUE understands not only the letter of the law but also the practical nuances of how each authority interprets and enforces it.

In essence, obtaining a VASP license represents much more than a legal requirement – it is a strategic foundation for sustainable growth in the European market. With RUE’s guidance, clients transform what could be a bureaucratic challenge into an opportunity to build stronger, more trustworthy, and globally recognized digital asset businesses.

RUE’s Proven Track Record: Successful VASP Licensing Cases

Over the past several years, Regulated United Europe (RUE) has earned a reputation as one of Europe’s most effective legal and regulatory consultancies for obtaining VASP licenses. The company’s success is rooted not only in technical expertise but also in its deep understanding of regulator expectations and practical guidance on operational readiness. Through a combination of precise legal strategy, hands-on support, and transparent communication, RUE has guided numerous international companies to secure licenses across multiple European jurisdictions.

Each case reflects a journey of navigating complex regulatory frameworks and transforming uncertainty into opportunity. For many clients, the VASP licensing process begins as a maze of differing national requirements, evolving standards, and technical compliance obligations. RUE simplifies this journey, translating regulatory frameworks into achievable, step-by-step roadmaps tailored to each business model.

One standout case involves ChainUp / CoinUp, a leading global provider of digital asset exchange and custody solutions. ChainUp offers institutional-grade crypto exchange platforms, liquidity solutions, asset tokenization tools, and multi-layered MPC wallets designed for secure, compliant, and scalable digital asset operations. The company serves a wide range of clients, including crypto exchanges, financial institutions, payment platforms, and asset managers, providing turnkey solutions that meet regulatory requirements worldwide.

RUE guided ChainUp through the full VASP licensing process in Lithuania, ensuring that its European operations complied with both national requirements and upcoming EU-wide regulations under MiCA. The engagement included preparing comprehensive compliance documentation, implementing AML/KYC procedures, and designing governance structures to satisfy the Lithuanian Financial Crime Investigation Service (FCIS). RUE also advised on operational integration, including secure custody practices, wallet management, and risk monitoring, which are critical for a company operating institutional-grade crypto platforms.

Thanks to RUE’s hands-on and methodical approach, ChainUp successfully obtained its VASP license, enabling it to legally offer crypto exchange and custody services across the EU. The license allowed the company to deploy its white-label exchange solutions, MPC wallets, smart liquidity aggregation, and tokenization platforms to European clients while maintaining full regulatory compliance. This achievement not only strengthened ChainUp’s credibility in the European market but also positioned it as a compliant, trusted partner for institutional investors and financial institutions.

By leveraging RUE’s regulatory expertise and ChainUp’s advanced technology stack, this collaboration serves as a prime example of how strategic legal guidance combined with innovative digital asset infrastructure can accelerate international expansion while ensuring full compliance with European financial regulations.

Another notable example is a Singapore-based crypto payment platform that wanted to operate in multiple EU countries. Initially uncertain which jurisdiction would best support its expansion goals, the company turned to RUE for guidance. After a thorough assessment, RUE recommended Lithuania due to its combination of regulatory clarity, efficiency, and alignment with MiCA. RUE handled the preparation of governance and compliance documents, trained management on regulatory expectations, and successfully secured the VASP license in just under three months – a process that often takes much longer for international applicants.

A UAE-based digital exchange represents another success story. This client sought to enter the European market to attract institutional investors. RUE advised establishing operations in Estonia, where the licensing framework balances robust regulatory oversight with operational efficiency. The company needed to restructure internal governance, risk management, and reporting systems to comply with Estonia’s stricter 2022 regulations. Through direct engagement with the Financial Intelligence Unit (FIU), RUE guided the client to full authorization within four months, providing a foundation for its European expansion.

RUE has also assisted clients from China and Hong Kong, many of whom were seeking to diversify their operations by obtaining a European license while staying compliant with domestic regulations. In these cases, RUE collaborated with top Chinese law firms such as Zhong Lun, Han Kun Law Offices, JunHe LLP, and King & Wood Mallesons to ensure alignment between domestic corporate structures and European regulatory requirements. These partnerships demonstrate RUE’s ability to bridge cross-border compliance challenges effectively.

Other clients who have successfully obtained VASP licenses with RUE’s assistance include emerging crypto exchanges and wallet providers in France, Poland, and Spain, all of whom required tailored compliance programs, secure custody solutions, and thorough documentation to satisfy local regulatory authorities. Each success highlights RUE’s methodical approach: understanding the business model, selecting the optimal jurisdiction, preparing governance and compliance structures, and managing regulator engagement to ensure smooth approval.

As of 2025, RUE has assisted clients in securing over 60 VASP licenses across Europe, with concentrations in Lithuania, Estonia, France, and Poland, and growing interest in Ireland, Czech Republic, and Spain. Every license represents not only regulatory success but a strategic foundation for sustainable growth, enabling clients to expand into new markets, gain investor confidence, and establish trusted operations in the EU.

RUE’s track record demonstrates that obtaining a VASP license is more than a procedural requirement – it is an opportunity to transform a business into a fully compliant, credible, and competitive player in the European digital asset ecosystem.

Top EU Countries by Number of VASP Licenses

Top EU Countries by VASP Licenses: RUE’s Track Record

Understanding the landscape of VASP licenses in Europe is crucial for companies seeking to enter or expand in the market. While licensing regulations vary across countries, RUE has consistently been a leading facilitator of VASP registrations, helping clients navigate the complexities of European regulation. The firm’s experience highlights three standout jurisdictions where it has achieved significant success:

 

  1. Estonia

Estonia was one of the first European countries to embrace VASP licensing, and it quickly became a hotspot for digital asset companies. Between 2018 and 2020, RUE assisted over 50 clients in obtaining Estonian VASP licenses, guiding both startups and established exchanges through regulatory procedures. During this period, Estonia’s licensing program was highly popular due to its digital-first approach and efficient regulatory communication. RUE’s expertise helped clients not only meet regulatory requirements but also implement strong operational frameworks, ensuring sustainable and scalable business operations.

 

  1. Lithuania

From 2021 to 2024, Lithuania emerged as a leading hub for VASP licensing in Europe, and RUE played a pivotal role in this growth. The firm assisted in establishing over 100 VASP licenses, becoming a market leader in the country. Lithuania’s Financial Crime Investigation Service (FCIS) offered a streamlined licensing process while maintaining high compliance standards. RUE’s approach combined regulatory strategy, operational readiness, and technological compliance, enabling clients such as ChainUp / CoinUp to rapidly establish fully compliant operations and scale their services across the EU.

 

  1. Czech Republic

Since 2023, RUE has also taken a leading position in the Czech Republic, helping clients secure over 150 VASP licenses. The country has become increasingly attractive for digital asset service providers due to its flexible yet robust regulatory framework. RUE’s guidance has been instrumental in helping clients navigate local requirements, establish governance and compliance systems, and prepare for upcoming EU-wide regulations under MiCA. By harmonizing operational practices with Czech standards, RUE has enabled companies to enter the market efficiently while maintaining a competitive edge.

 

  1. Bulgaria

Bulgaria has recently become an attractive destination for smaller and emerging VASPs seeking European entry. RUE has guided clients in navigating Bulgaria’s licensing process, focusing on AML compliance, corporate structure, and internal control systems. While numbers are smaller compared to Lithuania or the Czech Republic, Bulgarian VASP registrations offer strategic advantages for targeted market access and cost-efficient operations.

 

  1. Malta

Malta has a long-standing reputation as a crypto-friendly jurisdiction. RUE has supported clients in obtaining Malta VASP licenses, particularly for exchanges, wallets, and tokenization platforms. The firm’s assistance ensures compliance with the Malta Financial Services Authority’s (MFSA) stringent governance, reporting, and AML/CFT requirements. Maltese licensing offers prestige and credibility for companies aiming to attract institutional partners and international investors.

 

  1. Poland

Poland’s early VASP licensing program has generated significant interest, especially among fintech startups and smaller exchanges. RUE has guided clients in navigating Polish regulatory requirements, including capital adequacy, reporting obligations, and governance standards. By ensuring operational readiness and aligning corporate structures with local rules, RUE has helped clients gain efficient licensing approval and expand their European presence.

Key Lessons and Strategic Guidance for Companies Seeking VASP Licenses

Securing a VASP license in Europe is a complex but essential step for any company seeking to operate in the digital asset sector. Drawing on RUE’s extensive experience with dozens of successful applications across multiple jurisdictions, several key lessons and strategies emerge for businesses preparing to navigate this regulatory landscape.

Regulatory Foresight and Early Preparation

One of the most critical factors in achieving a successful VASP license is preparing ahead of time. Regulatory requirements, particularly under MiCA, are increasingly detailed and stringent. Companies must ensure that their internal systems, governance structures, and compliance programs are robust long before submitting an application. For example, RUE guided ChainUp / CoinUp in Lithuania to implement institutional-grade AML/KYC processes and custody frameworks well before filing, which significantly accelerated the approval process.

Jurisdiction Selection Matters

Not all EU countries offer the same advantages for VASP licensing. Jurisdiction selection should be based on several criteria: regulatory efficiency, compliance culture, market access, and alignment with the company’s operational model.

  • Lithuania offers speed and a business-friendly environment.
  • Estonia provides digital-first processes but has tightened requirements recently.
  • France, Italy, and Spain offer credibility and access to large markets but with more rigorous oversight.

RUE helps clients perform a comprehensive jurisdictional analysis, weighing factors such as licensing timelines, cost, capital requirements, and regulatory expectations to identify the optimal country for each client’s strategy.

Operational and Governance Readiness

Regulators are increasingly expecting VASPs to demonstrate more than legal compliance on paper. Internal governance, risk management, security protocols, and reporting systems must all be operationally functional. RUE ensures that clients implement robust procedures for transaction monitoring, incident reporting, and data protection – essential for satisfying both national regulators and future MiCA audits.

Documentation and Regulatory Communication

Applications can stall or fail due to incomplete or poorly prepared documentation. RUE’s expertise ensures that all corporate, operational, and compliance documentation is meticulously prepared, including AML manuals, internal control policies, and board resolutions. Furthermore, proactive engagement with regulators, rather than a passive submission, has proven crucial. Direct communication, clarification of technical details, and responsiveness can shorten approval times and reduce risk of rejection.

Cross-Border Alignment

Many of RUE’s clients operate internationally. Aligning compliance standards across jurisdictions is critical to avoid conflicts between domestic and European regulations. For instance, RUE’s work with Chinese clients in collaboration with top firms like Zhong Lun and Han Kun Law Offices illustrates how careful alignment allows a company to maintain operational continuity while expanding into Europe.

Continuous Compliance and Post-License Management

Obtaining a VASP license is only the beginning. Regulators expect ongoing compliance, periodic reporting, and prompt updates in case of operational changes. RUE provides post-licensing support, helping clients maintain compliance frameworks, manage audits, and adjust procedures in response to regulatory updates.

Unlocking European Opportunities with RUE’s Expertise

The journey to obtaining a VASP license in Europe is both complex and transformative. Across jurisdictions, regulators demand rigorous compliance, operational readiness, and transparent governance. For many companies, navigating these requirements can seem daunting – yet, as RUE’s extensive track record demonstrates, the right guidance transforms this challenge into a strategic advantage.

By leveraging its deep regulatory expertise, hands-on operational support, and cross-border legal partnerships, RUE has successfully guided numerous clients – from emerging startups to established global players like ChainUp / CoinUp – to secure VASP licenses in multiple EU countries. Each successful licensing case represents more than regulatory compliance; it signifies market credibility, investor confidence, and the ability to operate seamlessly across borders.

RUE’s approach goes beyond paperwork. By combining strategic jurisdictional analysis, robust compliance frameworks, and practical operational guidance, the firm ensures that clients are not only approved by regulators but also prepared to maintain sustainable, long-term operations in the European digital asset market.

In an industry where trust, transparency, and regulatory alignment are paramount, obtaining a VASP license is no longer optional – it is a foundation for growth, reputation, and competitive advantage. With RUE’s support, companies can navigate Europe’s regulatory landscape efficiently, unlock new opportunities, and confidently expand their digital asset services across one of the world’s most dynamic markets.

Ultimately, RUE doesn’t just help clients secure licenses; it empowers them to transform compliance into a strategic asset, ensuring that every regulatory milestone becomes a stepping stone to long-term success.

Strategic Partnerships and Cross-Border Expertise

One of RUE’s core strengths lies in its ability to combine regulatory expertise with strategic partnerships, creating a seamless bridge between domestic and international compliance frameworks. For companies operating across borders, navigating multiple regulatory regimes simultaneously can be a daunting challenge. RUE has repeatedly demonstrated its capacity to guide clients through these complexities, ensuring that each VASP licensing application is both compliant and strategically optimized for business growth.

For example, several Chinese blockchain and fintech companies approached RUE seeking European licenses while maintaining compliance with domestic regulations. RUE worked closely with top-tier Chinese law firms, including Zhong Lun, Han Kun Law Offices, JunHe LLP, and King & Wood Mallesons, to align corporate structures, shareholder documentation, and governance frameworks with European regulatory expectations. Through this collaboration, clients were able to obtain VASP licenses in Lithuania, Estonia, and Poland without disrupting their operations in Asia.

A notable success story involves ChainUp / CoinUp, a global provider of institutional-grade crypto platforms. The company sought to expand into Europe to serve EU clients with its exchange, custody, and tokenization solutions. RUE coordinated with both Lithuanian regulators and ChainUp’s Chinese legal team to ensure that the company’s ownership structures, AML/KYC procedures, and operational processes met all local requirements. The result was a smooth licensing process that enabled ChainUp / CoinUp to legally operate across the EU, while preserving compliance with its existing Asian operations.

Another example is a Hong Kong-based crypto exchange seeking dual licensing in Estonia and Lithuania to maximize market access and investor confidence. RUE facilitated communication between regulators in both countries, advised on governance adjustments, and ensured harmonized compliance practices across both jurisdictions. Within a few months, the client successfully secured licenses in both countries, enabling it to offer fiat-to-crypto and wallet services seamlessly across multiple European markets.

RUE also assists UAE-based fintech companies that require coordinated licensing in Europe for institutional expansion. By leveraging cross-border legal expertise, the firm has enabled clients to navigate complex requirements such as capital adequacy, risk management, and board composition – areas that often become obstacles without specialized guidance. One client, a UAE crypto payments platform, obtained its Lithuanian VASP license in record time, thanks to RUE’s detailed preparation of internal governance, AML manuals, and secure custody protocols.

Beyond direct licensing support, RUE’s partnerships provide strategic insights into regulatory trends, allowing clients to anticipate changes and maintain continuous compliance. This proactive approach ensures that businesses are not only approved by regulators but remain resilient and scalable in the long term.

In essence, RUE’s combination of cross-border legal partnerships, personal guidance, and operational know-how transforms the complex licensing process into a competitive advantage. Clients gain more than a license; they gain a trusted framework for sustainable European operations, operational alignment with international standards, and strategic positioning for growth in the evolving digital asset ecosystem.

Technology and Compliance Integration

Obtaining a VASP license is not solely a legal or regulatory challenge; it is equally an operational and technological endeavor. Regulators across Europe increasingly require companies to demonstrate that their internal systems, security protocols, and compliance infrastructure are fully functional and auditable. RUE’s approach recognizes this reality, providing clients with end-to-end support that integrates technology, compliance, and regulatory strategy.

One of RUE’s hallmark success stories in this area is ChainUp / CoinUp. Beyond securing the Lithuanian VASP license, RUE worked closely with the company to implement institutional-grade technological safeguards. This included multi-party computation (MPC) wallets, advanced transaction monitoring, secure custody solutions, and automated AML/KYC workflows. These systems allowed ChainUp to demonstrate to regulators that it could maintain transaction integrity, client security, and regulatory reporting standards at scale – key factors in obtaining approval efficiently.

Another example is a European crypto exchange seeking dual licensing in Estonia and Lithuania. RUE guided the client in upgrading its technology stack to meet both jurisdictions’ requirements. This involved integrating automated compliance checks, real-time suspicious activity alerts, and cross-border reporting capabilities. By bridging the gap between technology and regulatory expectations, RUE enabled the exchange to satisfy multiple regulators simultaneously, reducing redundancy and accelerating license approval.

RUE also emphasizes future-proofing client operations. European regulators, particularly under MiCA, increasingly expect VASPs to maintain continuous monitoring, rapid incident response, and scalable operational frameworks. To meet these standards, RUE works with clients to implement end-to-end compliance platforms that combine regulatory reporting, cybersecurity, and operational analytics. These tools not only ensure ongoing compliance but also provide actionable insights to optimize business processes, reduce risks, and enhance investor confidence.

In addition, RUE’s approach recognizes that technology and governance are deeply intertwined. For institutional clients, regulatory approval often hinges on demonstrating that internal procedures, technical controls, and risk management practices are aligned. RUE assists clients in documenting these integrations, training management teams on operational compliance, and conducting internal audits to preempt regulatory queries.

By combining legal expertise, regulatory insight, and technological know-how, RUE ensures that clients do not merely meet the letter of the law but can operate confidently, efficiently, and securely in the European digital asset ecosystem. This holistic approach transforms compliance from a static requirement into a strategic asset, enabling clients to scale operations, enter new markets, and attract institutional partners.

Future Outlook: MiCA and Beyond

The European digital asset landscape is undergoing a major transformation with the introduction of the Markets in Crypto-Assets Regulation (MiCA). This harmonized framework standardizes licensing, compliance, and operational requirements across the EU, creating both challenges and opportunities for Virtual Asset Service Providers (VASPs). While the regulation imposes rigorous obligations, it also provides companies with the chance to establish long-term credibility, operational consistency, and market leadership within one of the world’s largest financial regions.

MiCA introduces several key requirements that extend beyond existing national licensing regimes. Companies must meet capital requirements to ensure operational stability, demonstrate that management and governance structures are robust and fit-for-purpose, and implement enhanced AML/KYC procedures, including continuous transaction monitoring and reporting. Custody and wallet security standards are also emphasized, ensuring that assets held on behalf of clients are secure. Finally, periodic regulatory reporting and audits will become the norm, reinforcing transparency and operational integrity.

RUE’s clients, including ChainUp / CoinUp and other European- and Asia-based VASPs, have already begun preparing for MiCA compliance. This preparation involves upgrading internal systems, implementing robust compliance programs, and aligning operational processes with the new European standards. By taking a proactive approach, these companies position themselves as early movers, gaining credibility and a competitive advantage in the evolving market.

Early adoption of MiCA-aligned practices provides tangible benefits. It strengthens trust with investors, financial institutions, and corporate partners, allowing companies to expand across multiple EU jurisdictions without needing to duplicate compliance efforts. Firms that act proactively also differentiate themselves from competitors who may struggle to meet the regulation’s stringent requirements.

RUE’s role in this landscape goes beyond advisory. The firm conducts in-depth analyses to identify gaps between current operations and MiCA standards, designs governance and operational frameworks to ensure full compliance, and coordinates cross-border strategies for multinational clients. Post-license support, including audit preparation and ongoing regulatory guidance, ensures that companies remain compliant as rules evolve.

Looking beyond MiCA, the European crypto ecosystem will continue to develop, with emerging issues such as digital asset interoperability, tokenized financial instruments, and cross-border digital payments shaping future regulatory expectations. RUE’s forward-looking approach ensures that clients are prepared not only for today’s requirements but also adaptable to future changes, enabling them to thrive in a complex, rapidly evolving market.

By combining strategic foresight, regulatory expertise, and operational guidance, RUE empowers clients to turn compliance challenges into long-term growth opportunities, positioning them as trusted, resilient, and competitive players in Europe’s digital asset landscape.

Client Testimonials and Success Stories

One of the most compelling ways to understand RUE’s impact is through the experiences of its clients. Each VASP licensing success story reflects not only regulatory achievement but also strategic transformation, operational maturity, and long-term growth potential.

A notable example is ChainUp / CoinUp, a global provider of institutional-grade crypto platforms. Prior to working with RUE, ChainUp faced the challenge of expanding into Europe while ensuring compliance with Lithuanian regulatory requirements. RUE guided the company through every step of the licensing process – from preparing AML/KYC frameworks and governance structures to liaising directly with the Lithuanian Financial Crime Investigation Service. The result was a successful VASP license in record time, enabling ChainUp to offer its exchange, custody, and tokenization services legally across the EU. According to the client, RUE’s guidance was “instrumental in navigating the complex regulatory landscape and aligning our operations with European standards while preserving our operational efficiency.”

Another success story involves a Singapore-based crypto payment platform seeking to enter multiple EU markets. Initially unsure which jurisdiction would best fit its expansion strategy, the company relied on RUE’s expertise in jurisdictional analysis and operational compliance. RUE not only recommended Lithuania as the optimal regulatory environment but also implemented a tailored compliance program, including internal audits, transaction monitoring, and employee training. Within three months, the company obtained its VASP license, gaining both regulatory approval and market credibility in Europe. The client highlighted that RUE’s “hands-on approach and proactive communication with regulators made all the difference in achieving a smooth licensing process.”

RUE has also assisted Hong Kong-based crypto exchanges seeking dual licensing in Estonia and Lithuania. These clients faced the complex challenge of harmonizing compliance across multiple jurisdictions. RUE coordinated cross-border regulatory strategy, aligned governance and operational procedures, and ensured that all documentation met local and European standards. The exchanges successfully obtained licenses in both countries, enabling them to expand their European footprint with confidence. One client remarked that RUE “transformed what we thought would be a bureaucratic and time-consuming process into a structured, manageable journey with tangible results.”

In addition, UAE-based fintech companies have benefited from RUE’s expertise in integrating operational and technological compliance. By implementing institutional-grade security solutions, automated AML/KYC workflows, and detailed reporting systems, these clients not only secured their VASP licenses but also improved operational efficiency and investor confidence. Many of these firms report that RUE’s support has positioned them as trusted partners in European financial markets, opening doors to collaboration with banks, institutional investors, and corporate clients.

Across all success stories, certain themes emerge. Clients consistently highlight RUE’s deep regulatory knowledge, proactive guidance, and ability to simplify complex processes. More than just obtaining licenses, RUE enables companies to build robust, scalable operations that are future-proofed against evolving European regulations such as MiCA. By combining legal expertise with operational and technological support, RUE ensures that its clients are not only compliant but strategically positioned for long-term growth in the digital asset sector.

FREQUENTLY ASKED QUESTIONS

A VASP license (Virtual Asset Service Provider license) is an official authorization that allows crypto businesses to operate legally in the EU. It proves compliance with AML/CFT regulations, governance standards, and investor protection rules, enabling companies to gain trust from banks, partners, and institutional investors

The top EU countries for VASP licenses include Lithuania, Estonia, the Czech Republic, Malta, Poland, and France. Each jurisdiction offers unique benefits — for example, Lithuania is known for fast licensing and a strong fintech ecosystem, while Estonia and the Czech Republic are recognized for their digital-first regulatory approach

Regulated United Europe (RUE) provides end-to-end support: choosing the right jurisdiction, preparing compliance documentation, designing AML/KYC frameworks, liaising with regulators, and offering post-license compliance management. Thanks to its cross-border expertise, RUE has successfully assisted clients from Asia, the Middle East, and Europe in obtaining licenses quickly and efficiently

RUE has guided ChainUp/CoinUp, a global crypto exchange solutions provider, to obtain its VASP license in Lithuania. It also supported a Singapore-based crypto payment platform and a UAE-based digital exchange in securing EU licenses, helping them expand across Europe with full compliance. In total, RUE has assisted clients in obtaining over 60 VASP licenses across multiple EU jurisdictions

Common challenges include complex documentation, governance requirements, AML/CFT frameworks, and IT security standards. Many applications fail due to poor preparation. With RUE’s legal and compliance team, businesses can avoid delays and rejections by meeting both EU-wide MiCA regulations and national supervisory expectations

RUE customer support team

CONTACT US

At the moment, the main services of our company are legal and compliance solutions for FinTech projects. Our offices are located in Vilnius, Prague, and Warsaw. The legal team can assist with legal analysis, project structuring, and legal regulation.

Company in Czech Republic s.r.o.

Registration number: 08620563
Anno: 21.10.2019
Phone: +420 777 256 626
Email:  [email protected]
Address: Na Perštýně 342/1, Staré Město, 110 00 Prague

Company in Lithuania UAB

Registration number: 304377400
Anno: 30.08.2016
Phone: +370 6949 5456
Email: [email protected]
Address: Lvovo g. 25 – 702, 7th floor, Vilnius,
09320, Lithuania

Company in Poland
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Registration number: 38421992700000
Anno: 28.08.2019
Email: [email protected]
Address: Twarda 18, 15th floor, Warsaw, 00-824, Poland

Regulated United
Europe OÜ

Registration number: 14153440
Anno: 16.11.2016
Phone: +372 56 966 260
Email:  [email protected]
Address: Laeva 2, Tallinn, 10111, Estonia

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