Post
Topic
Board Legal
Re: If u launch a website for Crypto Currency exchanges which country to
by
audaciousbeing
on 18/09/2017, 12:34:55 UTC
Yes guys i know Bitcoin has bright future but i'm not sure about attitutes of goverments to it so
If u launch a website for Crypto Currency exchanges which country to create your company, and which country for company bank acounts safety.
which country gives most changes to make profit buy low or 0 tax, safe and secure.


If I want to do something of such, my best guess will be Africa and its because of the following reason;

1. The environment supports entrepreneurs which means there are less policy to comply with as an entrepreneur.

2. The cost of doing business is relatively low compared to other advanced countries in which several licences and regulations have to be obtained and complied with before running a successful business.

3. The market is still in the infant stage, although the popularity is increasing on a daily basis, but its still cannot be compared to the advanced countries which means with the right advertisement, a quick market niche can be created.

4. The most important, the financial system is not fully regulated which means there will be direct conversion to fiat with ease without raising any form of suspicion or having issues with the authorities.