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Crypto Banking For a Gaming Project

Soichiro

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Dec 16, 2023
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Good day to everyone glad to be here !

I'm still early in my journey with my team we are building a web3 gaming project the main income sources will be the nfts mint funds, nft sales and royalties along our in game token
I recently registered a free zone LLC in dubai in RAKEZ zone as a software house with 3 main activities Gaming Software development and Multidisciplinary Design and marketing
the corporate registering service I used told me that u simply need a coinmena corporate crypto exchange account and a corporate Bank account and u can swap easily crypto to Fiat which seemed too good to be true
when I started inquiring about the subjects with diff agencies and lawyers ect they told me that's bulls**t Dubai is indeed crypto friendly Banks there are not ! don't ever mention crypto or else u will get in trouble all those that u see are simply using p2p and OTC and never mentioning anything about cryptocurrencies,if u wanna get things legal with no headaches u should opt for crypto Swiss banks such as sygnum and SEBA .

wanted to ask my brothers here about advice and best business setup since I'm still kinda early what are the best options to do using the uae residency and thank u very much for your time !
 
Welcome to our forums!

I have moved your thread into a more proper place; although if you want to discuss a complete new setup, not only banking, it's a little bit better here Offshore Company (evt. open new thread there).

I also recommend you to use a more polished language – your text with missing sentence delimiters and no punctuation (cf. your initial post) is quite difficult to read and I am afraid that some/many people simply do not bother with it.
 
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