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I've been worried about random people opening up exchanges, pools and other BTC transaction web applications. There are so many regulations, particularly in An
by brianbarker 13y ago
I've been worried about random people opening up exchanges, pools and other BTC transaction web applications. There are so many regulations, particularly in Anti-Money Laundering and Compliance that complicate business. People need to be careful and realize exchanges aren't a business you jump into on a whim.
The worst is, if you innocently run a site like this and don't have the correct AML protections, the baddies will use your service for their goals. You will be in trouble for not having the appropriate controls in place.