I'm wondering if it's possible for individuals who are not citizens of the United States to purchase cryptocurrency. Are there any restrictions or limitations on crypto purchases based on citizenship status?
7 answers
Nicola
Tue Dec 24 2024
US residents have the full liberty to purchase and possess cryptocurrencies on platforms like Coinbase, Kraken, Binance.us, and FTX.US.
Carlo
Tue Dec 24 2024
A US LLC can provide a legal framework that allows for the trading and holding of bitcoins and altcoins in a compliant manner.
WindRider
Tue Dec 24 2024
These exchanges are licensed in the United States and adhere to the regulatory framework set by the authorities.
BitcoinBaron
Tue Dec 24 2024
For individuals who are not residents of the United States and do not qualify as US Persons, alternative structures are advisable for trading or holding cryptocurrencies.
Martina
Tue Dec 24 2024
One such recommended structure for non-US residents is the formation of a US LLC, or Limited Liability Company.