Bitcoin Forum

Other => Beginners & Help => Topic started by: dareminator on April 28, 2013, 04:13:15 PM



Title: Fincen registration of bitcoin businesses
Post by: dareminator on April 28, 2013, 04:13:15 PM
I was looking up Fincen registrations of bitcoin businesses.

Some (like coinbase, bitinstant) are registered. But I could not find a registration for MtGox (including under their corporate name of Tibanne) or BTC-E. Could it be that they are registered under different names? Or is it possible for a bitcoin business not located in the US to still transact with US residents without registration.


Title: Re: Fincen registration of bitcoin businesses
Post by: CompNsci on May 01, 2013, 03:17:21 AM
Both are outside the U.S. and not subject to Fincen regulation. Mt. Gox is having a different company deal with their U.S. customers for transfers into/out of the U.S. and they will handle Fincen.

I doubt BTC-e will ever register. There is not even stated actual physical address for that business or the domain registration. The registration contains what appear to be fake phone numbers.


Title: Re: Fincen registration of bitcoin businesses
Post by: zerodrama on May 01, 2013, 03:42:09 AM
it's time we did this on our own without their help.

self organize before they force us to do business in methods from half a century ago.


Title: Re: Fincen registration of bitcoin businesses
Post by: spoorancher on May 01, 2013, 06:49:59 AM
Or is it possible for a bitcoin business not located in the US to still transact with US residents without registration.

Heh. I think that's kind of the point.


Title: Re: Fincen registration of bitcoin businesses
Post by: Blueberry408 on May 01, 2013, 06:57:19 AM
Both are outside the U.S. and not subject to Fincen regulation. Mt. Gox is having a different company deal with their U.S. customers for transfers into/out of the U.S. and they will handle Fincen.

I doubt BTC-e will ever register. There is not even stated actual physical address for that business or the domain registration. The registration contains what appear to be fake phone numbers.

That's interesting to know. Wonder if any CNN anchors would care to interview the kind folks at btc-e?