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It's not impossible (See Coinbase). You just have to follow the law -- it's a pretty simple concept
by aroch 13y ago
It's not impossible (See Coinbase). You just have to follow the law -- it's a pretty simple concept
- joshstrange 13y ago> You just have to follow the law -- it's a pretty simple concept Is this sarcasm?
- aroch 13y agoNo, at the most it's snark, both Dwolla and MtGox were punished for not following Money Transmitter laws.
- tzs 13y agoIs Coinbase following the law? They are registered as a money services business with FinCEN, but I checked a couple of states that their FinCEN registration says they operate in (California and Washington), and did not see them listed there. As a control, I checked both those states for PayPal to make sure I was looking at the right list, and it was there.
- thinkcomp 13y agoNo, they're not. http://www.plainsite.org/dockets/index.html?id=2434524 http://www.plainsite.org/dockets/index.html?id=2434524