Community Call - September 18th, 2019

Sounds like a gateway through Canada is a reasonable idea, we only need to state the classification of a regular business in that activity. ONE license.

The rules here are pretty simple, we are looking at about $500 to launch the legal entity and simply declare ourselves as a MSB (Money Services Business) , The reporting rules here are pretty easy. The main part is reporting above $10K transaction sizes which is easy to automate.

I would be willing to operate and chair this in a joint venture if someone has some deeper pockets. The yearly costs would be a minimum $2500 for the corporate year end tax filing.

Seems like a pretty low cost to bridge to live net and grow the eco-system. cough ** sponsorship ** cough. :slight_smile:

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