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by Coding_Cat 3437 days ago
Can't they just pay boringCorp Ltd. in Bitcoin for use of their "bussiness solution" (that is managing your infrastructure or providing the bitcoin transaction platform). The boringCorp Ltd can cash out for ActualMoney(tm) and I'm sure there is some way of accounting to get that money back to where it needs to go.
1 comments
kirykl 3437 days ago
Why commit a crime (money laundering) to hide a non crime?
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x1798DE 3437 days ago
It's not money laundering to rearrange your payment structure to avoid currency conversions. If half your customers pay you in Yen and half your customers pay you in dollars, it's not a crime to use the Yen directly to pay your Japanese expenses.

Same goes with bitcoin - if you can find a server company that accepts your bitcoin - you're under no obligation to only buy things using dollars, assuming you are properly reporting your transactions.

(Disclaimer: IANAL)

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gizmo686 3437 days ago
My understanding is that money laundering refers specifically to illegally obtained money; it is perfectly legal to launder otherwise legal money.

Of course, attempting to do so would likely get you investigated, because it looks illegal.

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