Crypto trading company incorportation

Languett89

jr. member

Activity: 80

Merit: 3

The company will not offer crypto to FIAT or the opposite to customers. More of a private trading company. We might not even accept people's money in the beginning, possibly VC funds in the latter.
Looking into somewhere who won't answer to an US subpoena and that is crypto friendly, easely banked, and low or no capital gains.

franky1

legendary

Activity: 4410

Merit: 4766

Quote from: Languett89 on April 29, 2018, 03:37:27 PM

Hey community!

I am looking into a lot of offshore incorporation options, and would like to know what are your thoughts on let's say top5-10 best!
Any thought on Belize, Cooks islands, Panama, BVI, Lichtenstein, Denmark and Malta? Pros and cons?
THANKS!

it is NOT as easy as setting up in country Y. and offer exchange of btc to FIAT A where you hope country A governing Fiat A cant touch you..

mark kerpeles learned this lesson.
while being set up in japan. he infact did offer the exchange of bitcoin for US dollars. and so although he was in japan he did have
US SEC on his back

other exchanges have seen this too. even ones set up on them special island have had to refse to serve US customers and not trade to USD

and those that had some licences for some US states to offer USD trades. still could not offer services to New York state residents without
having a NY bitcoin licence.

so its not a simple set up in island Y and be free to serve the world authority free.. if you are going to handle fiat A, expect to have to obide by
FIAT A regulations. even if your not in country A

Languett89

jr. member

Activity: 80

Merit: 3

Hey community!

I am looking into a lot of offshore incorporation options, and would like to know what are your thoughts on let's say top5-10 best!
Any thought on Belize, Cooks islands, Panama, BVI, Lichtenstein, Denmark and Malta? Pros and cons?
THANKS!

Topic: Crypto trading company incorportation (Read 141 times)