OK so here is a wild though :
Since most of you need a bank account, either personal or business, or a merchant account for your online business, why don't you simply join forces and start your own EMI ?
More than 50 % of the issues here are :
Crypto services looking for a bank account /...
OK this is quite an issue because the card networks require a company representative to be living where in the EU or where the company is formed.
You can hire somebody who will act as the director of the company, he will be applying for bank accounts and merchant accounts.
Paxful, find a reputal trader and do either :
Cash in mail
The trader will likely be registered with FinCen and will conduct a KYC, however it's way more private than Coinbase or Exchanges.
Even if the trader asks you for your SSN (again FinCen regulations), you can...
It all depend on your country of residence and the processor you're using, I would strongly suggest you get a small processor + use a formed company with a CEO other than you.
Basically you will have a company under someone's management while you are the UBO (legal and available in lots of...
Alright you can do as follow .
1- get an estonian e-residency card, it will be shipped to the Estonian general consulate of your country.
2- create an Estonian entity, takes a couple of days and doesn't require lots of fees.
3- Build your website and get your business ready.
4- Reply to this...
Of course, Stripe is the type of company that would do everything to please regulators and banks they work with.
Stripe is practically registered everywhere they offer merchant services, hence report your processing history to tax agencies.
No, All EU processors follow this MC requirement.
A legal opinion for the UK will cost you 1750 EURO, you will however have the guarantee it will be accepted by the card processor and mastercard.
I am not selling anything here, feel free to reply for more info.