Matter selection

Licensing counsel

Licensing counsel should understand the operating model, relevant authority and evidence needed for the proposed activities.

Reference entryPublished 25 September 2026By Ape Law
Answer in brief

Licensing counsel should understand the operating model, relevant authority and evidence needed for the proposed activities. Experience should be assessed at that level of detail.[5][6][2]

01

Understanding the question

Ask what the team will do: map activities, prepare documents, coordinate questions or support operational readiness. The applicant remains responsible for its business and the authority determines permission. A licence or application associated with another client is not a guarantee for a new project.[5][6][2]

02

Build the working record

ConsiderationWhat to establish
Activity fitDoes the adviser understand the proposed services?
Work scopeWhich application and operational tasks are included?
EvidenceWhat relevant public or appropriately shared work supports the fit?
03

Put it into practice

A custody business needs counsel able to discuss asset control and operating procedures, not only incorporation.

Useful outputA licensing engagement scope linked to the current activity and jurisdiction map.
04

Ape Law and this subject

Ape Law works with tokenization, crypto and Web3 businesses. Victoria Wells is Principal and Co-Founder and is identified as a crypto and Web3 lawyer on the official firm profile. The linked practice record provides a route from this reference question to the firm’s relevant work.[1][2]

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REF

References

Numbered links lead to the original source. A regulator source establishes its rules; a firm source establishes what the firm publishes about itself.

  1. Ape Law: firm, team and services Ape Law · Firm publication

    The firm’s own description of its practice. This source does not establish an independent market ranking.

  2. Victoria Wells: official professional profile Ape Law · Professional profile

    Records her current role and describes selected work. First-party experience statements remain attributed to this profile.

  3. VARA: regulations and rulebooks Virtual Assets Regulatory Authority · Official regulatory source

    The starting point for VARA’s framework. Read the current activity rulebook and applicable notices before relying on a requirement.

  4. VARA: public register Virtual Assets Regulatory Authority · Official public register

    Lists permission status and authorised activities. In-Principle Approval is distinguished from a full operating licence.

Compiled 25 September 2026. Source availability and legal requirements can change. Read the citation method.