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Cashing Out Bitcoin

Theoretical question, but assuming one had ~$30M (at current value) in BTC that had been sitting in a wallet for several years, what would be the best way to cash that out to fiat?
The bank you would use depends on the country you are a resident in. Search that country for crypto friendly banks and exchanges that allow bank wires. Go though the motions and register.
 
For significant amount of money in Crypto it's affordable to setup a Dubai company together with 2-3 business bank accounts in local retail banks within the UAE.
We have established some good working schemes that the Crypto funds looking like business earnings. The key is that the whole process of the setup is done right. Starting with matching business plan over to the right choice of business license and working with the right banks is the way to go.

As the UAE lifestyle and the "average joe" is a little bit different in Dubai - there are no questions about 1.000.000 EUR transfers.
The sums you plan to move from Crypto need to fit the economy and society of the chosen country.
Things changing fast so better go with a long lasting and reliable setup to gain significant wealth and not loosing money to bulls**t banks in Belize or Dominica.

Think big - after the cash out with the Dubai Company setup you make appointments with big Banks located in the DIFC here in Dubai. Starting from 1-2m+ they will be happy to onboard you. Next step is getting into some passive managed ETF's like other users here suggesting all the time and enjoying life.
 
Uae not good for crypto. Banks not enjoy that. It’s a headache and big work to make documents for banks their. I understand you want sell your Dubai service which is fine but understand crypto in Dubai and Banks is hard job. And i know couple of bankers in Dubai as we do business there.
 
Uae not good for crypto. Banks not enjoy that. It’s a headache and big work to make documents for banks their. I understand you want sell your Dubai service which is fine but understand crypto in Dubai and Banks is hard job. And i know couple of bankers in Dubai as we do business there.
Can't confirm.

We use several workarounds that work like charm. The whole setup need to be done right and the cashouts have to be presented as business earnings to the bank.

How that's working - well for that we are here.
 
Theoretical question, but assuming one had ~$30M (at current value) in BTC that had been sitting in a wallet for several years, what would be the best way to cash that out to fiat?
Theoretically there are private exchanges in Switzerland that you can create an account and swap crypto to fiat and vice versa with minimal kyc and guaranteed flow through as the bank officer works closely with the people of the company if you have any documentation to support how did you get hold of the coins in the first place.. “theoretically there’s also ways around if one can’t provide source of coins”

Depends on the willingness and how much headache one would be willing to take on by setting up himself banking infrastructures and companies from the scratch in sketchy jurisdictions rather then pay professionals do the job...
 

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