“The scrutiny comes after the Treasury Department ruled in March that firms issuing or exchanging online cash, including currencies not backed by a central bank, would be subject to the same money-laundering rules as traditional providers like Western Union Co. A number of firms have registered as money-transmission businesses since the agency issued the guidance, but Mt. Gox hasn’t done so, according to a FinCen list. The agency doesn’t have authority to take on Mt. Gox directly because it is based in Tokyo, but has fired a shot across the exchange’s bow by going after its U.S. subsidiary.”
http://online.wsj.com/article/SB10001424127887323582904578485391717441224.html
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Saudi Arabia opens luxury ‘religious extremist’ rehab center for Al-Qaeda militants
IRS head Lois Lerner invokes 5th Amendment but may be compelled to testify anyway
Woman taken down, handcuffed for not showing rental agreement quickly enough
As-is Melbourne houses fetch more than $1 million above reserve
Bloomberg vetoes bill to halt New York’s stop-and-frisk policy
What telephone metadata can tell the authorities about you
Effort to block NDAA indefinite detention fails in U.S. House
U.S. developed ‘tsunami bomb’ during World War II
Swap your gold shares for coins, ETF firm offers
Bank of Japan vows 'all means available' to smash deflation
Spain Dismisses Catalonian Government, Dissolves Parliament, Fires Police Chief
Stratfor emails reveal secret, widespread TrapWire surveillance system
British Island of Alderney Looking to Mint Physical Bitcoins
Faulty paper blamed for new Swiss banknote delay
American Farm Bureau calls for end to federal ban on hemp