Cashing out may be difficult due to AML and banks being unwilling to accept profits from crypto based transactions. This video explains some of the ways to use OTC – 

  1. Silvergate
  2. Deltec (Bahamas)
  3. Frick (Liechtenstein)
  4. Capital Savings Bank (Cook Islands)
  5. QCP Capital (Singapore)
  6. Canadian Banks
  7. Eastern European Banks (EMI)
  8. Cayman Islands

Proof of Funds may be needed for deposits. If wealth comes from staking or yield farming, this may be harder to prove.

 Local Bitcoin solutions could also work.

Offshore Citizen


By cryptorocks_editor