Let's discuss, for example, you have some crypto on your cold wallet and want to change it to USD or EUR and get it on your bank account in good bank. What are your actions? Cryptocurrency is personal, nothing black, but it is difficult to find confirmation of its purchase or receipt. We are talking about amounts in USD/EUR with 5-6 digits, so not super huge amounts like billions.
The point is to get dollars or euros as a result to my personal bank account in a bank in Europe, for example, which I can then use for investments, for example, buying real estate in Europe or stocks on some broker (not euro, but WW). Naturally, it is necessary that the bank reacts normally to this kind of transfers, and it is also possible later to confirm these funds somehow (for example, when buying real estate).
Before as I know these guys could help in this - dukascopy, alt.co, seba.swiss, bankfrick, swissquote. But for some of them there are a lot of bad feedback in the Internet, some of them are working with amounts from 7 digits only, some of them only for EU passport holders and so on. Also, Revolut and Wise do not like crypto anymore as I know and also they often block any accounts just without any reason last time.
I do not have a Euro passport, but I am also do not have a passport of any country that is under EU or US sanctions.
So, what your thoughts about this question in 2023? The goal is to correctly transfer cryptocurrency to fiat, perhaps paying a small tax, but protecting yourself from the consequences later.
The point is to get dollars or euros as a result to my personal bank account in a bank in Europe, for example, which I can then use for investments, for example, buying real estate in Europe or stocks on some broker (not euro, but WW). Naturally, it is necessary that the bank reacts normally to this kind of transfers, and it is also possible later to confirm these funds somehow (for example, when buying real estate).
Before as I know these guys could help in this - dukascopy, alt.co, seba.swiss, bankfrick, swissquote. But for some of them there are a lot of bad feedback in the Internet, some of them are working with amounts from 7 digits only, some of them only for EU passport holders and so on. Also, Revolut and Wise do not like crypto anymore as I know and also they often block any accounts just without any reason last time.
I do not have a Euro passport, but I am also do not have a passport of any country that is under EU or US sanctions.
So, what your thoughts about this question in 2023? The goal is to correctly transfer cryptocurrency to fiat, perhaps paying a small tax, but protecting yourself from the consequences later.