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Yet the Bitcoin foundation is neither a operator of a virtual currency service or an exchanger according to FinCEN rules. Tradehill and Coinbase are based out
by pelle 13y ago
Yet the Bitcoin foundation is neither a operator of a virtual currency service or an exchanger according to FinCEN rules.
Tradehill and Coinbase are based out of California and are following all federal and state rules.
- quackerhacker 13y agoI thought Coinbase was based out of SF and even backed by YC? Not sure though, seeing on the privacy page an Oregon address. https://coinbase.com/about https://coinbase.com/about
- rdl 13y agoIf you google that address, it is an old address for earth class mail, a commercial mail scanning/forwarding service. (I use them too; they rock if you move a lot, or live overseas.)
- jeremyw 13y agoInteresting that you say that. Coinbase is verifiably registered with FinCEN, but not the states, as far as I can see. (Square, mentioned in the article, actually is registered in California.) http://www.fincen.gov/financial_institutions/msb/msbstateselector.html http://www.fincen.gov/financial_institutions/msb/msbstatesel... http://www.dfi.ca.gov/directory/money_transmitters.html http://www.dfi.ca.gov/directory/money_transmitters.html