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Is it possible to work with crypto without registration?

Good day! I am interested in this point. I have an idea to create a platform for storing and transferring cryptocurrencies. But I don’t want to get involved in bureaucracy. I heard that some startups start working without a license and then, when they grow, they draw up documents. Do you think this is really safe? Or is it better to immediately follow the rules and get a crypto license? I don’t want problems with clients and the law, but I would also like to avoid unnecessary costs at the start. Maybe someone has practical experience?

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James Whitaker
Nov 14, 2025

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