What is the best country to start an exchange in? - page 3.

tclo

hero member

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Quote from: Driice on May 09, 2013, 12:05:07 PM

The U.S.

ie: Make an exchange that accepts U.S. domestic wires and bank deposits

Yes it seems that CampBx is the only US exchange although I suppose Coinbase is sort of one. But being able to get your money in and out easily is great. CampBix makes it very easy with Dwolla which is why I like them, even with low trading volume.

Kazimir

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Quote from: Driice on May 09, 2013, 12:05:07 PM

The U.S.

Yeah right. Where the ~~big banker's puppets~~ government can seize your bank account and close down your business at whim.

No, the U.S. sounds like a very bad option. You'd need a country where the government lets you alone doing your business as long as you don't mess with them. The Seychelles perhaps?

pera

sr. member

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バカ

Panama? Uruguay?

Serge

legendary

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there is no lack of clarity, as a matter of fact it is precisely clear, although sets high bar to enter:

"The guidance requires certain intermediaries that handle virtual currency to register with Fincen as money services businesses, which entails recordkeeping and reporting responsibilities. And it says some of those businesses may additionally be money transmitters, which would mean fingerprinting of directors and officers and compliance with a patchwork of state licensing requirements. "

basically to run a legit US bitcoin exchange one would need to be setup similarly to Paypal

superduh

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switzerland?

Driice

full member

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The U.S.

ie: Make an exchange that accepts U.S. domestic wires and bank deposits

blurden

newbie

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Merit: 0

Give all the FINCEN Regulation and lack of clarity - where can a US entrepreneur go to start an exchange?

Topic: What is the best country to start an exchange in? - page 3. (Read 2984 times)