Long version: http://www.ecfr.gov/cgi-bin/text-idx?c=ecfr&sid=d5570d7646c5fc13fe1fa42a61d1dcf1&rgn=div5&view=text&node=31:3.1.6.1.2&idno=31#31:3.1.6.1.2.1.3.1 h

Long version: http://www.ecfr.gov/cgi-bin/text-idx?c=ecfr&sid=d5570d7646c5fc13fe1fa42a61d1dcf1&rgn=div5&view=text&node=31:3.1.6.1.2&idno=31#31:3.1.6.1.2.1.3.1 http://www.ecfr.gov/cgi-bin/text-idx?c=ecfr&sid=d5570d7646c5... Short version: You're a money transmitter, and hence a MSB, if they determine that you're providing payment processing services w/o there being an underlying good/service which is being paid for. Shorter version: Pick a different weekend project, or your successful outcome is "Stripe disables your account due to fraud risk."