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Title: FinCEN Declares Bitcoin Miners, Investors Aren’t Money Transmitters Post by: knightcoin on January 31, 2014, 05:31:05 PM Interesting article from coindesk
http://www.coindesk.com/fincen-bitcoin-miners-investors-money-transmitters/ Title: Re: FinCEN Declares Bitcoin Miners, Investors Aren’t Money Transmitters Post by: Sonny on February 01, 2014, 09:49:45 AM Interesting article from coindesk http://www.coindesk.com/fincen-bitcoin-miners-investors-money-transmitters/ A good news to me. Quote FinCEN said that miners who mine virtual currency for their own use, as well as companies that purchase and sell convertible virtual currency solely as an investment aren’t subject to this law. Title: Re: FinCEN Declares Bitcoin Miners, Investors Aren’t Money Transmitters Post by: McDonaldTrump on February 08, 2014, 08:45:58 AM Good news on it's face, but can't help to look deeper.
Why would FinCEN, the archnemesis of cryptocurrency miss a perfect opportunity for a direct strike? What are they waiting for? I think it took most of us about 18 minutes to recognize that bitcoin can replace fiat. |