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Author Topic: U.S. citizen, which country to register business?  (Read 130 times)
drpshp (OP)
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January 06, 2019, 12:39:44 AM
 #1

Hey guys I've been putting mockups together for almost 2 years on a crypto wallet I'm developing. I think it's time to look for partners and considering best crypto friendly countries. I'm in the U.S. and am wondering if any suggestions on which country and cities to look into? Singapore, SKorea, Japan, Malta, Puerto Rico, maybe even Kenya, Ghana? Any thoughts thanks
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Lucius
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January 06, 2019, 12:24:34 PM
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I think that's a term best crypto friendly countries is very broad term, and it is not easy to say which country is best for crypto business. You have already mentioned some countries such as Malta or Japan, and they are for sure crypto friendly, but probably in some countries some things work better than in others. Apart from Malta, in EU Switzerland is also a good choice, but some other countries as Germany or Denmark may also be interesting for crypto investors.

I find a good link with a lot of good information regarding your questions, so you can start from there.

Crypto-friendly jurisdictions

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Harlot
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January 06, 2019, 03:00:01 PM
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Just remember the more the law is in favor for the cryptocurrency industry the more competition you have. By now you will be late entering the market as you will be considered as a small fish on a big pond the big fishes can easily swallow you up. You are creating a crypto wallet which means you already have a lot of competition against not only the most trusted but also globally available wallets out there. The only thing you can do is to either go big or find the right partner who is willing to work together with you, any conflicts or arguments early on will mean a disaster for your business.
drpshp (OP)
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January 06, 2019, 04:33:03 PM
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Thanks for the info and input guys very helpful. I'm aware of needing a good market approach and I believe the protocol will speak for itself
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