Post
Topic
Board Legal
Re: Can I open up a local shop and sell bitcoins for cash?
by
maydna
on 17/10/2016, 08:43:28 UTC
I'm wondering if I can open up a local shop and sell bitcoins for cash without paperwork or signing anything. Sure a bitcoin ATM can fulfill that role but as a shop I could do other things such as sell bitcoin merch etc, offer information on bitcoin and cryptos etc, but primarily I'm wondering if I can sell bitcoin for cash without hassling customers with paperwork. I suppose the laws would be the same for an ATM machine? which I haven't heard to be of a legal problem. I'd be considering doing this in Texas, USA, by the way. Any references or shared knowledge would be great, and I'm less interested in speculation. Thanks!

i think for first, you can make your own company and make your office for real so people can proof that you are real person that handle for local shop which are selling and buying bitcoin, don't forget to hire a lawyer if there is need in your country, and maybe you need to talk with bank government which handle regulator that you are making a company about bitcoin and ask them what is need to do this.