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Regulatory change written up by the people who file against it, while the deadlines still matter. We publish when something alters what an operator should actually do, not to a content schedule. Expect the position we would give you on a call.

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Commentary

The Cheap Licence Is Usually the Expensive One

Operators compare two quotes and take the cheaper jurisdiction. The fee is the smallest number attached to a licence: the restricted list decides which markets you may serve, the payment layer sets a rate you pay on every transaction for the life of the business, and a regime that reforms makes you file the whole thing again. Curaçao has just shown what that costs at scale.

By Daniel Tomberg · · ~8 min read

Use Case

iGaming Operator: Formation and Licensing in Parallel

A B2C operator came to us eighteen months into trading, with players in three European markets, no entity and no licence. Two previous providers had told them to incorporate first and apply later, which cost four months and produced nothing filed. How we ran the formation and the application in parallel instead.

By Daniel Tomberg · · ~6 min read

Guides

FCA Perimeter Guidance CP26/13 Explained

CP26/13 sets out how the FCA will read the perimeter of the new UK cryptoasset regime created by SI 2026/102. The gateway opens on 30 September, and custody is the trigger most firms will meet without realising they have. Where the boundary actually falls, and which activities cross it.

By Daniel Tomberg · · ~10 min read

Updates

The MiCA Grandfathering Deadline Was 1 July 2026

MiCA’s Article 143 transitional regime ended on 1 July 2026, and an application filed after it did not clear before the cliff. That does not make filing pointless, but it changes what you are filing for. This is what a defensible position looks like on 2 July, and how to get there.

By Daniel Tomberg · · ~9 min read

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