An established crypto casino seeking to enter the regulated UK market faced significant challenges with AML procedures and fiat currency integration.
The regulatory pathway seemed impossibly complex for our blockchain-based model, but Sovereign Gateway developed a compliant framework that maintained our core technology advantages while satisfying UK requirements.
Outcome: Full Remote Operating License granted in 11 weeks with specialized conditions for crypto operations.
We're currently operating with a Malta license and looking to expand to the UK market. What's the most efficient approach for operators already licensed in other jurisdictions? Do you offer any fast-track options?
Hi James, great question! For operators with existing EU licenses (especially Malta), we've developed a specialized "regulatory bridge" process that leverages your existing compliance framework. While the UK doesn't offer official fast-tracking, our approach typically reduces application time by 30-40%.
The key advantages you have: existing AML procedures, responsible gambling frameworks, and technical certifications. However, the UK has specific requirements that differ from Malta, particularly around customer verification and reporting.
I'd recommend our cross-jurisdictional assessment to identify exactly which elements can be transferred and which need UK-specific development. Feel free to comment "Assessment" and mention you're Malta-licensed for a tailored consultation.
Assessment
We're a startup developing a hybrid skill/chance gaming platform with NFT integration. Not sure if we need a gambling license or fall under a different regulatory category. Our projected launch is Q1 2026.
Hello Layla, thank you for your inquiry. Hybrid skill/chance platforms with NFT elements exist in a fascinating regulatory space that often requires careful analysis.
Based on your brief description, you may need either:
1. A gambling license (if chance is a significant factor in determining outcomes)
2. A specific exemption determination (if skill genuinely predominates)
3. Potentially both gambling and financial regulations (due to the NFT component)
I've sent you a direct message with a link to schedule your assessment call. We'll need to review your specific game mechanics, reward structures, and NFT implementation to provide accurate guidance. Your Q1 2026 timeline gives us plenty of room for proper regulatory positioning.