ID verification ? first of all you are not allowed to request any ID.
Secondly, even if you do, people will not only laugh but tag you for collecting personal information which is illegal. (Except if you have the right documents for that which i highly doubt)
Secondly, even if you do, people will not only laugh but tag you for collecting personal information which is illegal. (Except if you have the right documents for that which i highly doubt)
I do have the right documentation, this is going to be run as a business, LLC in the USA, registered MSB, and anything else that needs to be done. Won't be selling on the forum. I'm in this specifc "Currency Exchange" thread to try to get the right information. Unfortunately if you want to do this in the USA, and you are not already a banker, they make it difficult to do it the right way without leaving yourself open to getting criminal charges. Of course, if you are a banker (see coinbase, circle, etc) they make it very easy to hook up your bank account and buy bitcoin. I'm trying to start a company to bring this back in the hands of the people.
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Anyone out there can help me structure this thing the right way?
Go to a lawyer.Every state or country has different regulations.
Dont expect to receive valuable and true info for free.
I mean its your ass you wanna risk...
I agree with your points. What I am seeking is the knowledge from someone who has some experience with this, so I can take that information and use it to get further information. I have contacted a few lawyers, and during the consultation they all told me different things. Lawyers are also expensive, so if I can do any of the leg work before going to them I am going to try.
