Top VASP Compliance Providers for Global Markets
Global regulation of virtual asset service providers is becoming more stringent. The right compliance partner has become a must-have for running the business and growing into new markets.
We look at the leading options, describe what each one actually offers, and show how to choose the best fit for your goals.
Types of VASP Compliance Providers
Not all compliance help is the same. Here’s a breakdown of the main provider types.
- Full-Service Firms: Manage the complete regulatory setup, from licensing to policy design. For large or complex operations.
- Licensing Consultants: Specialize in securing specific licenses (e.g., VASP, MSB) in target jurisdictions. Deliver a ready-to-submit or turnkey solution.
- Legal Networks: Provide access to local law firms worldwide through a single contact point. Supply direct, region-specific legal advice.
- Technology Providers: Deliver and manage compliance software for AML, KYC, and reporting. Focus on operational execution and tech infrastructure.
Key Global Markets Explained
Understanding regional regulatory approaches is essential for strategic planning:
European Union
Under MiCA, a single CASP license obtained in any EU member state will permit bloc-wide operations starting in December 2024. For firms seeking early positioning, key licensing jurisdictions include Lithuania, Malta, Ireland, and the Netherlands.
North America
Companies face a split system in the U.S.—FinCEN MSB registration and various state licenses. Canada requires national MSB registration with FINTRAC. AML/CFT compliance is rigorously emphasized in both regions.
Asia-Pacific
There are two general categories of regulation. The first includes strict, established systems like those in Singapore, Japan, and Hong Kong. The second features developing frameworks, such as in the UAE and Bahrain. A notable aspect of the UAE’s system is its use of tailored regulations in financial free zones, including ADGM and DIFC.
Offshore & Emerging Jurisdictions
Tailored cryptocurrency regulations exist in jurisdictions like Bermuda, the Cayman Islands, the British Virgin Islands, and the Seychelles. The regulatory rigor differs among them. These frameworks are often attractive for particular business models or favorable tax structures.
Choosing the Right VASP Compliance Partner
Choosing a compliance partner is important. It influences your market access and operations. The right provider works with you like an in-house expert. Here’s a look at the main models to help you decide.
Gofaizen & Sherle
Gofaizen & Sherle is an international consulting and legal firm that acts as a single strategic partner for Virtual Asset Service Providers (VASPs) and other fintech businesses operating within global regulation. The firm’s core focus is building a complete regulatory and operational infrastructure for its clients.
VASP Crypto License from Gofaizen & Sherle is available across multiple jurisdictions, with regulatory guidance for Canada, El Salvador, Switzerland, BVI, the Cayman Islands, Panama, Australia, Costa Rica, and U.S. MSB licensing in Montana.
This goes far beyond securing individual VASP or crypto licenses. They specialize in designing comprehensive compliance architectures, selecting optimal global jurisdictions, and establishing governance models that allow businesses to scale across 50+ markets in a controlled and resilient manner.
Core Services:
- Global Licensing: Secure key licenses (VASP, CASP, Exchange) worldwide.
- Regulatory Architecture: Design and implement full compliance frameworks for growth.
- Strategic Market Entry: Identify optimal jurisdictions using proprietary analysis.
- Operational Launch: Support corporate structuring, key hires, and banking setup.
- Ongoing Compliance: Centralized management of all regulatory obligations and updates.
Why They Stand Out
Gofaizen & Sherle takes an engineering-based approach to compliance, treating it as a core business system. Their expertise in adjacent regulated sectors (payments, forex, iGaming) allows them to effectively manage the rules for hybrid crypto-financial businesses.
They act as long-term operational partners, serving as an outsourced regulatory department to reduce complexity and enable compliant international scaling for clients from startups to large corporations.
Global Law Experts
Global Law Experts is an international legal network. Its primary function is to connect businesses and private clients with pre-vetted, specialized lawyers in over 140 countries. For VASPs and other businesses needing cross-border legal support, GLE acts as a centralized access point to local expertise.
Core Services:
- Network Access: Connection to a curated global network of independent legal professionals.
- Jurisdiction-Specific Advice: Direct access to lawyers with deep, practical knowledge of local regulations and business culture.
- Broad Legal Coverage: Support extends beyond compliance to include corporate law, litigation, tax, IP, and business formation.
- Cross-Border Coordination: Facilitates collaboration between law firms in different countries for multi-jurisdictional matters.
Why They Stand Out
GLE doesn’t work like a standard consultant. They don’t give legal advice directly. Their service is about finding you reliable local lawyers in your target markets. The real benefit is their strict vetting process and a collaborative network.
Firms in this network actually work together, sharing information and sometimes co-advising to build unified cross-border strategies. For VASPs, this is a practical solution. It gives you a way to secure your legal standing in a country quickly, without a long search.
Fast Offshore Licenses
Fast Offshore Licenses is a consulting firm focused on obtaining operational licenses for digital asset and online businesses.
Their core offering is a streamlined, start-to-finish service for entrepreneurs and companies needing to get legally approved in specific jurisdictions. They handle the entire process from corporate formation to final license acquisition.
Core Services:
- VASP & Crypto Licensing: Securing specific virtual asset service provider and cryptocurrency exchange licenses.
- EU CASP Licensing: Guidance and application support for MiCA-compliant Crypto-Asset Service Provider authorization.
- Turnkey Business Setup: Offers ready-made, pre-registered corporate structures to accelerate market entry.
- Multi-Sector Licensing: Also handles related licenses for Forex brokerage, online gaming (iGaming), and offshore company formation.
Why They Stand Out
This is a transactional service built for speed. Fast Offshore Licenses focuses on efficiency, managing complex licensing bureaucracy so clients don’t have to. They don’t create long-term legal frameworks.
Instead, they secure the specific operating permit a business needs. Their expertise lies in offshore and internationally-oriented jurisdictions, which attract businesses looking for particular regulatory or tax advantages.
Conclusion
Successfully operating a VASP today means handling a complicated global regulatory system. Your choice of compliance partner is an important business decision that directly affects your market access, operational costs, and long-term survival.
To choose correctly, first define your needs. Consider your target countries, your business model’s complexity, your company’s stage of growth, and your existing compliance resources. Then, select a provider whose skills, service approach, and geographic experience match those requirements.
The right partner will help you obtain necessary licenses faster and build a practical compliance framework. This allows you to focus on core business activities while managing regulatory risk effectively.