Crypto-currencies were considered a risky form of payment, especially. There is a high risk of using illegal funds and laundering criminal proceeds. Banking institutions also fear insufficient regulation in this area. <\/span><\/p>\n

However, at the moment, the regulatory framework is increasingly strong and reliable, and crypto-currencies are becoming popular and frequently used around the world. <\/span><\/p>\n

In any case, in order to protect themselves, banks require a variety of proof of purity of intentions from companies, in particular, those listed below.<\/span><\/p>\n

\n
1. Possession of permission from a reputable jurisdiction.<\/span><\/li>\n
2. Experience of owners, directors, specific professionals.<\/span><\/li>\n
3. Reliable customer verification system and much more.<\/span><\/li>\n<\/ol>\n

   When choosing a jurisdiction, an offshore solution is suitable for an entrepreneur if the business has next-mentioned features:<\/span><\/p>\n

   \n
   • no processing history;<\/span><\/li>\n
   • more than 2% return of payments;<\/span><\/li>\n
   • organization works with adjustments where necessary;<\/span><\/li>\n
   • firm serves international clients.<\/span><\/li>\n<\/ul>\n

     The best banking institutions for corporate crypto-accounts are next-mentioned.<\/span><\/p>\n

     \n
     1. Switzerland.<\/span><\/li>\n
     2. Malta.<\/span><\/li>\n
     3. Gibraltar.<\/span><\/li>\n
     4. Estonia.<\/span><\/li>\n
     5. Lithuania.<\/span><\/li>\n
     6. Cyprus.<\/span><\/li>\n<\/ol>\n

        Offshore crypto-credit card processing allows merchants who would not normally be able to set up an account within their jurisdiction to take advantage of the less stringent standards offered by merchant account service providers overseas. <\/span><\/p>\n

        An entrepreneur can also buy a ready-made crypto bank account for business. However, such an optimal comprehensive solution must be selected taking into account all the operating features of the company that needs it.<\/span><\/p>\n

        Entrepreneurs can also open crypto-account online. With an e-banking account, your transactions can be made anytime and from anywhere, all you need is internet access. Moreover, new technologies offer the integration of additional banking options; crypto-companies can have flexible core banking systems, allowing them to include many other services in one click. <\/span><\/p>\n

        Traditional banks cannot offer, for example, AML\/KYC or alternative payment methods. The legacy systems that traditional banks use cannot cope with new technologies and therefore cannot offer the latest automated services.<\/span><\/p>\n

        Opening a corporate crypto-account is quite difficult, but quite possible. The main thing is to work out all the details at the preliminary planning stage, build a business strategy and understand the immediate goals and objectives that you set for yourself. <\/span><\/p>\n

        Our specialists will help you with this. We will become your reliable allies on this path. With us, your commercial future will be completely secure.<\/span><\/p>\n

        Article\u2019s author is Denys Chernyshov – founder and CEO of the globally-famous organization Eternity Law International.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

        Opening Business Accounts with Cryptocurrency (2024 Guide)<\/p>\n","protected":false},"author":22,"featured_media":9020,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[184],"tags":[337,338,336],"yoast_head":"\n