3 ms·
It definitely falls under money transmission - which could be worse as far as penalties go
by TwoFactor 12y ago
It definitely falls under money transmission - which could be worse as far as penalties go
- DennisP 12y agoNot entirely convinced of that either. You're doing less than exchanges, and only converting in one direction. I'd definitely check with a lawyer, of course. But in any case, lots of Bitcoin companies successfully navigate money-transmission laws already.