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by olalonde
1436 days ago
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That's correct. In the case of Bitcoin, the thing that most closely resembles a "money transmitter" are miners but FinCEN ruled that they are not[0]. A sensible decision because otherwise, Bitcoin would have effectively been banned from the United States (or Bitcoin miners, at least). [0] https://www.coindesk.com/policy/2014/01/31/fincen-declares-b... |
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