“The US Financial Crimes Enforcement Network (FinCEN) has issued new rulings indicating that digital currency-related cloud mining and escrow services should not be considered money transmitters. The two releases came via what appear to be responses to requests from businesses seeking to better understand FinCEN’s policies. FinCEN, the bureau of the US treasury that collects and analyzes financial transactions, has previously released influential decisions regarding how consumer bitcoin miners and bitcoin investors should be regulated under money transmission laws.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
The Republicans' 2012 Teleprompted Convention
The "Be Very Afraid" Society
A Very Important Warning About Your House Keys
How California’s Online Education Pilot Will End College As We Know It
The U.S. Starts a Trade War—With Its Allies
China Builds Great Central Bankers?
Police In 'Riot Gear' Raid Poker Game With $0 Buy-In, Organizers Arrested
In Trump and Sessions' Drug War, It's Bad Cop/Bad Cop
CIA demands more drones
Now EU Seeks to Ban the Family
The Single Most Important Strategy Most Investors Ignore
Russian nuclear weapons engineers used supercomputer to mine cryptocurrency
Sore Loser
Sweden and Norway to add Bitcoin VAT; Norway to implement Bitcoin tax
Who Pays for the Political Conventions?