will do it as simple as possible , card funding will be manual , about legal structures my only concern is if i can work with us customers or not, anyway in 1-2 days will know all the details... the idea is that the cards are issued from an already mastercard licensed company and the company is authorised by the financial services authority ... all i do is to get btc from people and fund their cards from my card account. the cards are not issued by my website and are not my property .... this is why i think is possible to do it
yes , the cards are on the market but cant be funded directly with btc ..... in few words .... all i do is to work with the company who issue the cards , open a website , have the cards branded with the logo i want , then people order the cards through my website , receive the cards from the card company , send them docs to verify their identity and increase the card limits and after that just exchange through me like I buy the btc and fund the people cards from my card account with $ or eur or gbp. like i'm buying btc from people and the btc sellers receive the money on their mastercard.
thats a problem with US ..... will try to come with news as soon as possible
thats a problem with US ..... will try to come with news as soon as possible
You still might run into regulatory problems in the US. Even though the cards are not your property, you're still receiving BTC and exchanging ("receiving money for transmission") it to USD from your account. Look up what happened to Tangible Cryptography - they did something similar and then got pinned by the state of Virginia for not being registered as a money transmitter (the case hasn't been resolved yet).
Even if you somehow escape qualification as a money transmitter (state level) or an MSB (federal level), you'd still likely be an "agent" for a money transmitter or an MSB, in which case, you still have a pile of regulations to adhere to.
Good luck!