🇬🇬 How much does a crypto licence in Guernsey cost?
Cost model verified: oldest component 1 day ago (verified 2026-07-07).
roughly EUR 100k to EUR 150k cash over three years
Confidence: Medium
Modelled scenario: GFSC Part III VASP licence (Virtual Asset Exchange or Stablecoin issuer or operator band) under the Lending, Credit and Finance (Bailiwick of Guernsey) Law 2022, priced at the reduced rates effective 1 January 2026.
These figures are planning estimates for a stated representative scenario, not quotes and not legal or financial advice. Regulator fees and capital minimums are sourced from official schedules; professional and substance costs are market estimates with ranges. Your numbers will differ. Verify against the cited sources and take advice before committing.
| Component | Year 1 | Year 2 | Year 3 | 3-year total | Confidence |
|---|---|---|---|---|---|
| Application | |||||
| Application fee | Guernsey application fee is locked. Unlock with the £349 pass. | - | - | Guernsey application fee is locked. Unlock with the £349 pass. | verified |
| Ongoing | |||||
| Supervision fee | Guernsey supervision fee is locked. Unlock with the £349 pass. | - | - | Guernsey supervision fee is locked. Unlock with the £349 pass. | verified |
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These are representative scenarios
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