Although the Czech authorities have not developed any complicated process of licensing cryptocurrencies, this does not exempt companies from the obligation to obtain a license before their operations in the Czech Republic. The Economic Secretary will chair a Crypto Asset Engagement Group aimed at facilitating dialogue among market participants and advising the government on crypto industry development. The issuance of payment instruments and/or acquisition of payment transactions Transparency of commissions and terms of service. Minimum capital requirements must be met money for the first payment when opening an account. Depending on the selected bank, the deposit amount is 100 — 1000 CZK. Document from the bank allowing to deposit equity The granting of loans A receipt for the payment of the required state fee for consideration of the application for a licence. Ireland