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I want to make an App in the US which would help bitcoin sellers to find buyers for cash in a local area. The app would not hold any bitcoin fund, it would only serve as a tool for buyers/sellers to meet each other, and do some transaction broadcasting/verifying.

Also, I want to monetize the application, by enforcing the users to pay a fee in order for the transaction to go through. All of this without holding any funds, thanks to P2SH transactions. I would like to know if this model of application has to comply with AML/KYC rules, or if the users can stay anonymous.

closed as off-topic by RedGrittyBrick, chytrik, Pieter Wuille, karimkorun, Raghav Sood Nov 23 '18 at 10:23

  • This question does not appear to be about Bitcoin within the scope defined in the help center.
If this question can be reworded to fit the rules in the help center, please edit the question.

  • checkout bitsquare.io – renlord Dec 17 '16 at 0:41
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    asking for legal advice from someone not your lawyer is always a dicey proposition. I would suggest you seek counsel. – Jimmy Song Dec 17 '16 at 0:51
  • Every country in the world has its own laws (as do states within countries, etc). You are effectively asking several hundred different questions here. Can you narrow it down? – Nate Eldredge Dec 17 '16 at 1:41
  • @renlord Bitsquare works as decentralized organisation, and is not a company, so they can't be taken down I suppose. – JeremK Dec 17 '16 at 10:11
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    I'm voting to close this question as off-topic because it appears to be primarily a question about which laws apply to financial middlemen – RedGrittyBrick Nov 14 '18 at 11:42

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