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Use local manager's passport to open account on broker?

samdan777712

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Oct 1, 2018
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If it's true that second passports are useless, and most bank accounts want economic activity in the country, wouldn't it make sense to get a designated local resident manager to be the account opener on a broker (say kraken, tho not a good example).

Like let's say you wanted to open an account with a forex broker that lets you fund the account with bitcoin, maybe they won't give you ECP status bcause you lack 10 million, but you could at least open an account right.

ESMA laws regarding leverage are going to be weird though so, not sure how that will play out.

I have one crypto broker in europe I'm really worried about. But other than that, I'l likely focus on Asia...