Bitcoin Forum

Bitcoin => Legal => Topic started by: Smack That Ace on June 27, 2014, 07:54:04 AM



Title: Bitcoin Friendly Licensing Countries
Post by: Smack That Ace on June 27, 2014, 07:54:04 AM
Hello,

I am sure this question must have come up here a couple of times and i apologise for asking the same question again but i am looking for a more specific answer to understand bitcoin licensing and countries which allows you to incorporate a bitcoin business preferably cheap.

I am looking for a country where i can

1) Get a license to operate a bitcoin business (should be cheap)
2) Should be easy to get KYC and AML approvals.
3) Banks should be supportive of digital currency.
4) A

ability to incorporate in country A and operate in country B and C ( we dont want to operate or do anything with the USA)

Thankyou for your repsonse

Regards

Duke


Title: Re: Bitcoin Friendly Licensing Countries
Post by: BTCINVESTOR on June 27, 2014, 10:08:49 PM
Consider Montana. No state license required. Then register for FinCEN and that's a start.


Title: Re: Bitcoin Friendly Licensing Countries
Post by: ENEWIT on June 29, 2014, 10:41:09 AM
Denmark was the first came to  my mind, but I'm not sure. It will be necessary to revise the conditions of circulation Bitcoins


Title: Re: Bitcoin Friendly Licensing Countries
Post by: newIndia on June 29, 2014, 11:22:31 AM
Hello,

I am sure this question must have come up here a couple of times and i apologise for asking the same question again but i am looking for a more specific answer to understand bitcoin licensing and countries which allows you to incorporate a bitcoin business preferably cheap.

I am looking for a country where i can

1) Get a license to operate a bitcoin business (should be cheap)
2) Should be easy to get KYC and AML approvals.
3) Banks should be supportive of digital currency.
4) A

ability to incorporate in country A and operate in country B and C ( we dont want to operate or do anything with the USA)

Thankyou for your repsonse

Regards

Duke


Try Bangladesh, Nepal & Bhutan.


Title: Re: Bitcoin Friendly Licensing Countries
Post by: cinder on June 30, 2014, 01:41:28 AM
If you are thinking global, you should consider Hong Kong and Singapore.


Title: Re: Bitcoin Friendly Licensing Countries
Post by: sameev292 on June 30, 2014, 07:24:17 AM
Hello,

I am sure this question must have come up here a couple of times and i apologise for asking the same question again but i am looking for a more specific answer to understand bitcoin licensing and countries which allows you to incorporate a bitcoin business preferably cheap.

I am looking for a country where i can

1) Get a license to operate a bitcoin business (should be cheap)
2) Should be easy to get KYC and AML approvals.
3) Banks should be supportive of digital currency.
4) A

ability to incorporate in country A and operate in country B and C ( we dont want to operate or do anything with the USA)

Thankyou for your repsonse

Regards

Duke


Try Bangladesh, Nepal & Bhutan.

I don't think very much people will trade bitcoins in the south asian part.The central asia can be a huge market,specially with chinese traders.


Title: Re: Bitcoin Friendly Licensing Countries
Post by: adamas on June 30, 2014, 08:58:27 AM
Isle of man / Jersey
http://www.bbc.com/news/world-europe-jersey-27921445


Title: Re: Bitcoin Friendly Licensing Countries
Post by: newIndia on July 01, 2014, 09:59:01 PM
Hello,

I am sure this question must have come up here a couple of times and i apologise for asking the same question again but i am looking for a more specific answer to understand bitcoin licensing and countries which allows you to incorporate a bitcoin business preferably cheap.

I am looking for a country where i can

1) Get a license to operate a bitcoin business (should be cheap)
2) Should be easy to get KYC and AML approvals.
3) Banks should be supportive of digital currency.
4) A

ability to incorporate in country A and operate in country B and C ( we dont want to operate or do anything with the USA)

Thankyou for your repsonse

Regards

Duke


Try Bangladesh, Nepal & Bhutan.

I don't think very much people will trade bitcoins in the south asian part.The central asia can be a huge market,specially with chinese traders.

Duke asked for a country to have license, not to business. Business will take place globally. So, I guess these countries may be good to secure license.


Title: Re: Bitcoin Friendly Licensing Countries
Post by: BTCINVESTOR on July 02, 2014, 12:14:58 AM
If going global, then Hong Kong.


Title: Re: Bitcoin Friendly Licensing Countries
Post by: ninjaboon on July 05, 2014, 09:21:10 AM
If going global, then Hong Kong.

agree on HK.
easy to obtain a forex licence.