It seems if you can Work with companies like revolut and similar you only need to have a simple offshore corp. and knowledge to develop a front- and backend system to run your business.
Otherwise I see almost all Crypto Companies are located in Switzerland!
You seem to be correct.. I'm in the process to setup such an exchange business without license. Most people (agency services) I have asked tell me I don't need a license to trade crypto, but I need a license if I do exchange from crypto to fiat! Who is going to note what I'm doing actually?Could you explain to me why an offshore corp. is needed in that case? I would like to sell cryptocurrency in EUR and accept deposits from people with SEPA. I'm planning to use Revolut too. I could avoid the need for the license if I open a simple offshore corp. if I understand it correctly?