So I am very biased against any solution involving nonrefundable application fees. (money.stackexchange.com)
The BitLicense application includes a lengthy list of requirements in addition to a $ 5,000 nonrefundable application fee. (ethnews.com)
Even the «simplified» application process in the final version of the regulation is not without significant risk or cost, namely $ 5,000 for the nonrefundable application fee. (ethnews.com)