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You can't. Every US Dollar touch point is heavily regulated. Back in the day Local Bitcoins was the way to convert crypto to cash but now its highly regulated a
by orangepurple 3y ago
You can't. Every US Dollar touch point is heavily regulated. Back in the day Local Bitcoins was the way to convert crypto to cash but now its highly regulated and they implemented enhanced anti money laundering controls.
- CapricornNoble 3y agoHmmmmm, I wonder if there is some way we could setup a website like Local Bitcoins but decentralized? Like with ipfs or i2p or something...
- webninja 3y agoThe sellers who run it as a business might risk getting an unlicensed money transfer penalty depending on the country they are operating from. Law: 18 U.S. Code § 1960