Hello,
I am trying to get an idea about opening a new exchange. I read that there are certain procedures to get approval, with fees, for individual countries. Read somewhere that to allow exchange operate in Japan, one needs to pay a fees of around $100k. Does it mean, if that exchange has to operate in 20 countries, will it be needed to pay such a huge fees ?
I tried finding this information online, but I couldn't find this data for individual countries.
Any tips ?
Thanks
Not its not! You would only pay up into the country of origin or where you located same as being said above.Traffic would really be in lots of countries and i dont see such restriction or does need to pay.If there are legalities or laws like on several countries then its better to avoid that matter if you dont like to be fined.
i can link you up for a cheaper approve add me on my skype id: opsondell
Dont believe such person, this would possibly lead you to someone which isnt legit at all for the reason of scamming.