The timing of a company’s licensing may vary, as it is influenced by many factors, ranging from the specifics of the regulation of cryptocurrency transactions in a particular jurisdiction to the list of required documents.
On average, the processing time for a license application is at least 30 days. At this time, the regulator may request any additional information or documents, so the period of obtaining a license may increase.
Today you can not buy a license to exchange cryptocurrencies for two reasons if there is no cryptocurrency regulation in a particular country, licensing is not required or if a country has a cryptocurrency regulator, buying a license will amount to fraud, which may entail large fines and even criminal liability. However, the purchase of an already licensed company and its subsequent re-registration as a new owner is not a violation of the law.