3 ms·

I thought the IRS decided bitcoin was property, not currency?

• dragonwriter 9y ago
  The IRS determined that, under tax law, it was property. That has no bearing whatsoever on how money transmission business law treats it. Different laws often have different applicable definitions for similar terms.
  • bgitarts 9y ago
    For the purpose of money transmission business law, what is considered money and what is not?