Smack That Ace (OP)
Legendary
 Offline
Activity: 1778
Merit: 1094
Assalamu Alekum
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June 27, 2014, 07:54:04 AM |
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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
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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BTCINVESTOR
Full Member
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Activity: 176
Merit: 101
Cryptographic money will be the bedrock in time.
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June 27, 2014, 10:08:49 PM |
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Consider Montana. No state license required. Then register for FinCEN and that's a start.
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Math based currencies will supplant all sovereign currencies over time. Buy them now.
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ENEWIT
Newbie
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Activity: 42
Merit: 0
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June 29, 2014, 10:41:09 AM |
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Denmark was the first came to my mind, but I'm not sure. It will be necessary to revise the conditions of circulation Bitcoins
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newIndia
Legendary
Offline
Activity: 2198
Merit: 1049
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June 29, 2014, 11:22:31 AM |
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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. |
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cinder
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June 30, 2014, 01:41:28 AM |
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If you are thinking global, you should consider Hong Kong and Singapore.
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sameev292
Newbie
Offline
Activity: 14
Merit: 0
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June 30, 2014, 07:24:17 AM |
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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. |
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adamas
Legendary
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Activity: 1014
Merit: 1003
VIS ET LIBERTAS
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June 30, 2014, 08:58:27 AM |
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"Es ist kein Zeichen geistiger Gesundheit, gut angepasst an eine kranke Gesellschaft zu sein."
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newIndia
Legendary
Offline
Activity: 2198
Merit: 1049
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July 01, 2014, 09:59:01 PM |
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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. |
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BTCINVESTOR
Full Member
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Activity: 176
Merit: 101
Cryptographic money will be the bedrock in time.
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July 02, 2014, 12:14:58 AM |
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If going global, then Hong Kong.
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Math based currencies will supplant all sovereign currencies over time. Buy them now.
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ninjaboon
Legendary
Offline
Activity: 2114
Merit: 1002
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July 05, 2014, 09:21:10 AM |
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If going global, then Hong Kong.
agree on HK. easy to obtain a forex licence. |
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