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Author Topic: What countries do bitcoin exchanges need to be registered in  (Read 1681 times)
IamAGentleman (OP)
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February 06, 2015, 06:38:16 PM
 #1

I know in the US you need to use FINCEN. What about China, Russian. UK etc? If so what licenses are needed?
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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February 06, 2015, 07:53:43 PM
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You should probably move this to the "legal" board.
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February 07, 2015, 05:31:19 AM
 #3

I know in the US you need to use FINCEN. What about China, Russian. UK etc? If so what licenses are needed?
If you meant exchanges including altcoin exchangesm, then I don't think most are licensed in many countries. However if they are operating in the US, then they certain;y need to. Else I think they are all illegal.

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February 07, 2015, 07:23:32 AM
 #4

Seems the answer would only be US

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February 09, 2015, 05:40:03 AM
 #5

You are best off far away from the traditional "core" of civilization. So, that is, the most developed countries.
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