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WARNING - get legal advice now. You'll likely come under the umbrella of money transmission business laws meaning that you need to register with your state and

by jstalin 13y ago

WARNING - get legal advice now. You'll likely come under the umbrella of money transmission business laws meaning that you need to register with your state and the federal government (assuming you're in the USA).

cal2 13y ago
I think this should be step #1. Even if everything is in fact kosher, approving/solidifying any money-related operations would be a great idea (especially with Bitcoin's increasing relevance and scrutiny).
- poopsintub 13y ago
  Step NOW. Put up a maintenance window and figure out if it is even reasonable to continue. The risk seems outrageously high.