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Don't forget that anyone who converts bitcoins into US dollars is classified as a money services business by FinCEN, which means that it must get a license. htt
by jackgavigan 12y ago
Don't forget that anyone who converts bitcoins into US dollars is classified as a money services business by FinCEN, which means that it must get a license. http://www.fincen.gov/statutes_regs/guidance/html/FIN-2013-G001.html http://www.fincen.gov/statutes_regs/guidance/html/FIN-2013-G...
MtGOX had its accounts with Dwolla and Wells Fargo seized by US authorities for operating as a money transmitter without a license. http://www.theverge.com/2013/8/23/4651926/us-government-seized-5-million-from-bitcoin-behemoth-mt-gox http://www.theverge.com/2013/8/23/4651926/us-government-seiz...