29/11/25
With the introduction of MiCA, DORA, the Travel Rule, and a series of other regulatory obligations, launching a crypto exchange within the EU has become a far more complex process.
⚖️ Start-ups must navigate strict compliance frameworks, understand what is permitted, what is prohibited, and what operational requirements they must meet before going live. While the EU market offers stability, for many companies the regulatory load and timelines are simply too heavy at the early stage.
🌍 As a result, many founders look beyond the EU for reputable, flexible, and cost-efficient jurisdictions. Among the best non-EU options today are Seychelles, Georgia, and Canada — each offering unique advantages depending on the business model and target markets.
🏝️ Seychelles remains one of the most strategic offshore choices for crypto businesses. Despite being considered “offshore”, its regulatory environment is respected internationally, offering credibility without excessive barriers. With tax as low as 1.5%, straightforward compliance requirements, and strong privacy protections, Seychelles provides an ideal environment for start-ups prioritising agility and cost efficiency.
🗺️ Georgia is rapidly becoming a regional crypto hub. With access to CIS and neighbouring markets, a business-friendly environment, a notably simple licensing process, and low tax rates, Georgia offers broad operational possibilities. Many companies appreciate its balance between flexibility and legal clarity, making it perfect for both early-stage and scaling projects.
🍁 Canada, while the most regulated among these three options, still provides a significantly simpler and more predictable licensing process compared to the EU. Canadian regulators offer clear compliance pathways, strong consumer trust, and solid legal infrastructure — ideal for companies that want both structure and scalability without the heavy EU framework.
🤝 At NUR Legal, we have successfully guided numerous crypto exchanges, fintechs, and blockchain-driven platforms through the licensing process across multiple jurisdictions. From strategic planning and regulatory guidance to documentation, communication with authorities, and obtaining the final licence — we handle it all seamlessly. Our track record includes projects in Europe, Asia, the Middle East, and North America, ensuring every client receives tailored, high-level support.
🚀 Whether you're exploring Seychelles, Georgia, Canada, or simply need guidance on choosing the best jurisdiction for your crypto venture, NUR Legal is ready to assist you every step of the way. Contact us at info@nur-legal.com and vist our website at nur-legal.com.
Nurlan Mamedov