Hi,
I am interested to start an bitcoin exchange website,
when bitcoin was not regulated, it was not a problem, but now, if I make bitcoin server, for example in the US (there are cheapest dedicated servers, I could get 64GB RAM for 30-40 USD per month), I could be charged for running a node without to have a company and without to follow transaction's rules that usually applies to banks.
so, if bitcoin is regulated and accepted as money or assets, can we get prosecuted for running a bitcoin/electrum server without to have a company and without to pay taxes? it means also without to record trades?
I would choose peatio but possibly I will have to look what country didn't regulate bitcoin. I am not interested to register a company and pay taxes. but making a server and transactions with the help of that server means I am included in bitcoin/assets/money transactions and in theory I could get prosecuted.
so, I have 2 questions:
1) can we get prosecuted for running a bitcoin node?
2) for running an exchange website?
I need to decide what country to rent a server to be sure I will not get problems. unfortunately, the cheapest servers are in the US and the FBI snitches all BTC servers.
if an exchange is not possible without bank account, I would exclude fiat. still I don't know if peatio could let users to use paypal or some other method (not bank account) to deposit money and buy bitcoins.