The main features of crypto trading license
Crypto exchanges with trading licenses are approved by the regulators of certain countries and, accordingly, work with them more safely than with unregulated. Permission opens the way to the release of virtual currencies, the opening of client wallets and the settlement of non-fatal money.
For the cryptocurrency business or ICOs issue SPI licenses. They allow exchanging non-phyat and fiat funds, creating merchandising solutions and processing centers, opening and servicing customer accounts. To issue electronic money you will need SEMI or EMI permissions (small or full respectively).