Author

Topic: bitcoin exchange in Bulgaria (Read 157 times)

legendary
Activity: 2590
Merit: 3015
Welt Am Draht
February 14, 2018, 12:25:03 PM
#3
You do realise that recently all the Bulgarian banks recently booted out all cryptocurrency business?

https://sofiaglobe.com/2017/12/08/bitcoin-bulgarian-banks-terminate-accounts-of-cryptocurrency-exchanges/

If you're not going to bother with fiat then you should be fine. If you are then it's a dead idea.

legendary
Activity: 3066
Merit: 1047
Your country may be your worst enemy
February 14, 2018, 11:18:57 AM
#2
Understanding law and taxation is only the beginning, you have to understand Bulgaria. Go there, and live there for a month, then we'll talk.
You may begin by learning Bulgarian, because not many people speak English out there.
newbie
Activity: 5
Merit: 0
February 14, 2018, 05:45:05 AM
#1
We plan on opening a fiat to bitcoin exchange in bulgaria via internet platform, and offer services worldwide.
From what we have found out so far there is no legal problem with providing such services in Bulgaria.

I would like to hear thoughts and ideas of forum members that understand the law and taxtation in Bulgaria better than us, to maybe expose possible challenges we might encounter in the future.

Thank's in advance
 Grin
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