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by dannyw
1900 days ago
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Legally, yes. FinCEN distinguishes custodial exchanges with noncustodial wallets. It looks like signal is doing the latter. Bitcoin Core (the software) is not registered as a money transmitter anywhere in the world, its developers are fine and never got into any trouble. |
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We agree. There is a legal difference between a custodial exchange and noncustodial wallet. Just as there is a difference between a non-money messaging system and a noncustodial wallet. The comment you are responding to concerned itself with the latter.