Doplin Young
New member
Franklin County Ohio
I am considering launching a crytocurrency exchange platform as an additional revenue stream for my small business. One thing I was concerned about was the increase in federal and state regulations for exchanges and cryptocurrencies as a whole (i.e. Binance Shutdown).
So my question is has anyone else successfully launched a similar platform here in Ohio or the U.S. in general? What would be the legal requirements (liscensure, tax obligations, registrations etc) I would have to meet in order to be in compliance with the law when launching a platform like this in the U.S.?
I am considering launching a crytocurrency exchange platform as an additional revenue stream for my small business. One thing I was concerned about was the increase in federal and state regulations for exchanges and cryptocurrencies as a whole (i.e. Binance Shutdown).
So my question is has anyone else successfully launched a similar platform here in Ohio or the U.S. in general? What would be the legal requirements (liscensure, tax obligations, registrations etc) I would have to meet in order to be in compliance with the law when launching a platform like this in the U.S.?