Great advices!!!
Would you handle multiple fiat currencies into this exchange?
I'll start from crypto currencies, because it's the easiest part and then get into fiat currencies. I'm doing research about Estonia company, they have two licenses that easy to get. But I didn't contact Estonia lawyers yet.
In this time there needs to be an easier way for the crypto/fiat transition in order for crypto to be seen as currency by the masses and not just a commodity that the establishment is touting it as.
This project would go far into the adoption of such if it focused on that as well. I know that you and your team are focusing on the exchange portion atm to get up and running, and I wish you luck with that. I would suggest that if you focus on the contactless payment options for multi-fiat exchange as well and not just on crypto exchange you would go far.
You must have enough money to connect crypto and fiat worlds. I can't run contactless payments without fast exchange to fiat. So the first step is to make exchange, gain trust and get enough trading volume. Then i'll be able to build and promote fast payment with cryptocurrency. So right now my main focus is exchange and after that wallets and FAST contactless payments (no one wants to wait 10 mins untill BTC transaction complete).
Another observation would be to attempt divorcing some of the more older/stable ALTS from BTC to stand on their own. That has been something lacking in the space as well. I also believe that would help advance the idea of crypto as currency in its own right. I look forward to your project and to see where it goes. If you have any questions in particular PM me.
I still can't PM. I'm newbie on this forum. Can you post here list of old/stable ALTS that on your opinion should be 'divorced' from BTC?
IMHO as to the older/stable ALTS I would go with LTC/XMR/DASH/ETH for a start, eventually moving on to the other ALTS that aren't based on another coin/tokenized from another coin, i.e. erc-20 coins on the ETH chain. But that's just my opinion. It is your company, your call
. If not PM me here you could email me. I agree with everything else you've put forward in response, starting from Estonia makes sense then moving on to the EU in general from there.