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Author Topic: Bitcoin Friendly Licensing Countries  (Read 1654 times)
Smack That Ace (OP)
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Assalamu Alekum


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June 27, 2014, 07:54:04 AM
 #1

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

Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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BTCINVESTOR
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Cryptographic money will be the bedrock in time.


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June 27, 2014, 10:08:49 PM
 #2

Consider Montana. No state license required. Then register for FinCEN and that's a start.

Math based currencies will supplant all sovereign currencies over time. Buy them now.
ENEWIT
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June 29, 2014, 10:41:09 AM
 #3

Denmark was the first came to  my mind, but I'm not sure. It will be necessary to revise the conditions of circulation Bitcoins
newIndia
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June 29, 2014, 11:22:31 AM
 #4

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.

cinder
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June 30, 2014, 01:41:28 AM
 #5

If you are thinking global, you should consider Hong Kong and Singapore.
sameev292
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June 30, 2014, 07:24:17 AM
 #6

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.
adamas
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VIS ET LIBERTAS


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June 30, 2014, 08:58:27 AM
 #7

Isle of man / Jersey
http://www.bbc.com/news/world-europe-jersey-27921445

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newIndia
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July 01, 2014, 09:59:01 PM
 #8

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.

BTCINVESTOR
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July 02, 2014, 12:14:58 AM
 #9

If going global, then Hong Kong.

Math based currencies will supplant all sovereign currencies over time. Buy them now.
ninjaboon
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July 05, 2014, 09:21:10 AM
 #10

If going global, then Hong Kong.

agree on HK.
easy to obtain a forex licence.

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