Hi All,
Which is the best jurisdiction to register a crypto prop trading firm?
I looked at Dubai but it is very expensive ~10k per year.
Does anyone has any suggestions?
Let me know!
Well a good thought though but looking at Dubai that things are quite expensive would be challenging Abit for you for the start and thus at the first instance you may not be able to make profit but with time you will, but then I'll advice you look out to other countries that is a way legal for registering a crypto prop trading firm.
I am pretty sure it will all be virtual. I dont think he will actually open an office and have traders come down and trade 12 hours a day. They did that back in the 90s or early 2000s but now they are all done from home.
Many of these people who work for prop firms don't do it fulltime anyways. They might be a stay a home parent and do it while they got some spare time. So he wont be actually paying any rent. Its more like licensing fees and such.