“FinCEN indicated that financial services companies can now work with marijuana-related businesses in states where the drug has been legalized for medical or recreational purposes. This is provided it is ‘in a manner consistent with their obligations to know their customers and report possible criminal activity’. However, while the announcement opens the door for all manner of financial services providers, from banks to credit cards to bitcoin payment processors, to potentially serve the industry, bitcoin payment businesses are split about a potential path forward.”
http://www.coindesk.com/bitcoin-processors-reconsider-marijuana-fincen-ruling/
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