Recent content by cryptodefi

regarding XAPO, I read that they only send SEPA not wire or swift anymore. I need to send 6 figs USD wire or swift from crypto dividends (all legal) would they be a good pick?

I think this isn't the top tier though. I'm in this tier and I don't feel any closer to being at the top tier... If u have a net worth of $1M, you cannot afford most of the residency visa by investment, also the Bahamas' cost of living can be challenging. The top tier would be 10-30M net worth...

Oh ok, I don't want to go further in this topic. Highly appreciate the answers!

could be considered financial advisory or broker dealer I assume, not just about fund managing

ty for the answer again @Sols Also, not looking to go off-topic, but I've made my accounting in-house. But as I want to prepare for an audit I want to hire an accounting firm, I was asked 5,000 for one year of accounting, which is ~500 transactions of inflow and outflow. Not investment, no...

also interested in knowing more about it. I believe the license would be required if you don't work for regulated funds but have natural customers

What about the details of invoices, do they usually check proof of work? I'm asking because crypto is quite a grey area, and it can be problematic even if someone is doing a legitimate business. The Financial Statement may not be a problem, but I'm afraid things can scale, from an audit to...

Can you provide more details? Why Labuan, and why 'legal'? Thank you

Thanks for the explanation. We have implemented GPS-based fencing and IP Filtering to exclude U.S. However, the problem is not about the U.S. but the rest of the world. Since it won't be a traditional fund, with funds management, I don't know how to regulate the business. They would like to...

but we do not accept US anyway. no US investors allowed

Because we need to sign the contracts (generally SAFT)

Should I be worried about the countries of the investors? There are more than 30 countries We do not market though, that's a select group. Only by invitation. Wow. So a license might be not useful? What do you mean by large scale? And I mentioned the self-declaration of accredited investors...

I do a lot. The whole communication with the project, negotiating terms, gauging the investors' interest, and also doing a review about the tech, but I'm not their decision-making. Where do I live or where the company is based? Because I have the flexibility to incorporate whatever it's easier...

Ever since I became a part of this incredible forum, the depth and breadth of knowledge, unwavering support, and unique insights. Interestingly, while this forum covers a vast array of topics, I've noticed an absence of discussions centered on Collective Investment Schemes. I'd like to...

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