A cryptocurrency is a digital currency designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units, and to verify the transfer of assets. Bitcoin (BTC) was created in 2009 as the first decentralized cryptocurrency. Since then, numerous other cryptocurrencies have followed. These are frequently named altcoins. Most popular altcoins are Litecoin (LTC), Ethereum (ETH), Ripple (XRP), Monero (XMR), Dash, Bitcoin Cash (BCH). Cryptocurrencies are a type of digital currencies, alternative currencies and virtual currencies which use decentralized control as opposed to centralized electronic money and central banking systems. The decentralized control of each cryptocurrency works through a blockchain.
The legal status of cryptocurrencies varies from country to country and is still undefined or is changing in many of them. While some countries have explicitly allowed its use and trade and permit usage for business and license companies, others have banned or restricted it. Consultant at Avia and Slogold Group S.A. have long time experience in field of cryptocurrencies.
Avia and Slogold Group S.A can help you arrange lawful offshore and onshore structuring for your crypto business and private crypto deals. Avia and Slogold Group S.A can help you with the following tasks:
- Set up licensed crypto to fiat and fiat to crypto exchange companies and providing supporting services
- Set up unlicensed crypto to fiat and fiat to crypto exchange companies
- Set up licensed companies to store crypto currencies
- Set up licensed companies to mine crypto currencies for others
- Set up companies doing ICO (initial coin offering)
- Assist with corporate accounts in crypto friendly banks
- Assist with personal accounts in crypto friendly banks
- Assist with merchant accounts for crypto businesses
- Assist with debit card issuing for crypto business
- Tax optimization structures, residencies, citizenship.
For more information please contact us