That cant be the case. There are plenty of companies trading significant volumes with exchanges and have fiat settlement to their bank accounts. It's 2020 now, I dont believe there arent banks that will take own companies trading their own funds. I can understand banking being hard for crypto...
I think think EMIs will work for this use case, trade sizes are too big. Needs to be a proper corporate bank account. Offshore corporation requirement is just a jurisdiction that isn't going to cause a huge tax or accounting burden. As you are probably aware some countries want to take each...
Does anyone has concrete experience with opening, or helping a client open an offshore entity and a bank that was happy to take their business for crypto trading their own account?
Thanks I will check those resources out. I should have been more clear, I want to trade with a corporate account. But it's also helpful to know which bank will work with this particular usecase before the pain of applying :-)
Does anyone know a good offshore bank that'll accept customers who do crypto trading, i.e. trading their own funds and need a bank account to hold their own fiat funds. Also what would be a good offshore jurisdiction to incorporate a company for that purpose?
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