Recent content by fintechwizard

Just my 2cts, but any serious PSP should have legal mentions on its website, none of the page works from footer : no information on legal entity, jurisidction, terms of service and compliance policy...

Its true that the Core Ledger and Banking software if used as SaaS are usually a big chunk of the running costs for an EMI, having your own is a good asset. However, the licensing process can be lengthy, and other than the capital, you will indeed need ressources on the legal side to produce the...

SumSub usually works and has "pay-as-you-go" model.

Nothing amazing - but a very stable and predictable business environment

I am based in Zug for some time. When i arrived, it was very instructive to just walk down the "main" streets such as Industriestrasse or Baarerstrasse and look at the mailboxes :) You will often find out some mailboxes with several company names and often not too far the name of their...

My understanding is that this transaction falls under the scenario of crypto to crypto exchange and therefore is a reportable transaction under CARF definition.

i've done listings on major exchanges (Binance, Kucoin, MEXC,...) and for them the jurisdiction has low importance (BVI is OK), however i would recommend the structure to be transparent as they will look into UBOs. I do not really think you need a law firm with experience in ICO, you just need a...

Interested too !

There is also the "house of satoshi" in Zurich, they have BTC ATM and sell hardware wallets. They have Trezor, Ledger and the swiss-made one Bitbox

They don't open bank accounts in each jurisdiction, those are "virtual ibans" which are not emitted by a local bank but by some other financial institutions which specialize in BaaS (Banking As a Service) for licensed entities

This bank was discussed in the past - be aware the swiss regulator just published a press release regarding opening bankruptcy proceedings against FlowBank Source : FINMA opens bankruptcy proceedings against FlowBank SA

As long as the source of your crypto can be verified, you could find a company that could settle the seller in FIAT, against proper agreement. That would satisfy both parties.

I would be concerned - as this appears at the same time of the release of such news : Over 100 searches and four arrests in Latvia, Germany, France, Italy and Malta against financial institution involved in money laundering. My guess is that those events are connected.

Not stripe but i know there are some payment processors out there that can do payouts in USDT

Can you PM me ?