Crypto Asset Service Provider Licensing and Regulatory Filings

Comprehensive legal services for obtaining and maintaining financial services licenses and regulatory registrations for crypto businesses. Arnon, Tadmor-Levy has successfully obtained licenses for the first companies in Israel to provide financial services relating to crypto assets, and provides licensing support across multiple jurisdictions through its international network.

Israeli Crypto Licensing Excellence

As pioneers in Israeli crypto licensing, the firm has secured the first licenses for companies providing financial services relating to crypto assets. Services include license applications for crypto service providers, exchange operator licenses, portfolio management licenses for crypto investment advisory, and regulatory approvals for new products and services. The firm manages license renewals and maintains ongoing regulatory compliance.

Regulatory Authority Representation

The firm provides expert representation before all key Israeli regulatory authorities:

• Israel Securities Authority (ISA): Primary regulator for securities aspects of crypto assets
• Capital Market, Insurance and Savings Authority: Oversight of financial services relating to crypto assets
• Israel Money Laundering and Terror Financing Prohibition Authority: AML/CFT registration and supervision
• Israel Tax Authority: Tax treatment registrations and compliance
• Bank of Israel: Payment systems and digital currency matters

Preliminary Rulings and Regulatory Guidance

Obtaining regulatory clarity through pre-ruling applications, no-action letters, interpretive guidance from regulators, and product approval processes for innovative crypto products and services.

Wallet and Payment Service Licensing

Specialized licensing for digital wallets and payment solutions, including comprehensive analysis of licensing requirements, identification of regulatory exemptions, license application preparation, regulatory engagement and negotiation, and multi-jurisdictional licensing strategy coordination.

Cross-Border Licensing Coordination

Managing licenses across multiple jurisdictions including:

• EU/EEA (MiCA): CASP licensing, passporting rights, member state registrations, and MiCA transition support
• Gibraltar: DLT provider licensing and establishment
• Switzerland: FINMA licensing for crypto service providers
• United States: State-by-state Money Transmitter Licenses and MSB registration
• Singapore: MAS licensing for digital payment token services
• UK: FCA registration for cryptoasset firms

Ongoing Regulatory Compliance

Continuous support including periodic regulatory reporting, material change notifications, annual renewals, regulatory correspondence management, and examination preparation for regulatory reviews.

Regulatory Proceedings and Appeals

Full representation in authority correspondence, regulatory inquiries, enforcement proceedings, administrative appeals, and settlement negotiations with regulatory authorities.

Why Choose Arnon, Tadmor-Levy

The firm's unique advantages include first-mover success in securing Israel's first crypto licenses, direct policy influence through work with Israeli regulators in shaping crypto policy, long-standing relationships with key regulatory decision-makers, coordination through an international network of leading crypto law firms, and extensive hands-on experience with actual license applications and approvals across multiple jurisdictions.