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 you need some permissions for this job . Because probably it may be possible some people can make money transactions from one corner of the word to the other for illegal purpose .
But probably you can make your bitcoin shop without permission .One of my friend is doing the same thing in India usually he is making a reference I'd number for each deal . He just copy the deal adress and the identity proof of the buyer and sell of bitcoin And he save these files in the google drive . In every month he pays tax for this . He hired a advocate , the advocate helps him to make it use this job in honest way without violating any law of government .