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Author Topic: Do i need a money transmitter license to send and receive bitcoin from business?  (Read 4171 times)
botany
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October 10, 2016, 01:53:20 AM
 #21

if your only touching bitcoin. then no.

that casascius guy didn't touch fiat, he didn't even have a bank account. that didn't stop fincen getting heavy with him. maybe their thoughts have been smoothed out now, it was a long time ago, but it's the type of thing someone needs to check up on before they check up on you.

Wasn't he selling physical bitcoins for fiat? I thought that was what got him into trouble.
That case was pretty regrettable.
PsursV
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October 12, 2016, 08:50:40 PM
 #22

if it is your country requirement then you must need it because you have to follow the rules and regulation of your country, and if you are not going to follow the rules and regulation of the country then you will be charge for that.
yes i am agree with you that it is up to your country policy if they consider it must to make a money transmitter license to send and receive bitcoin from business then you must to make it.
Superbitzz
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October 19, 2016, 09:15:31 PM
Last edit: October 20, 2016, 05:37:52 AM by Superbitzz
 #23

if it is your country requirement then you must need it because you have to follow the rules and regulation of your country, and if you are not going to follow the rules and regulation of the country then you will be charge for that.
yes i am agree with you that it is up to your country policy if they consider it must to make a money transmitter license to send and receive bitcoin from business then you must to make it.
to me i think in most of the countries it is not necessary to have transmitter  license to send or receive bitcoin from business, but if your country consider it as necessary then you must prepare it.
ayesha sadiqa
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October 21, 2016, 09:08:26 PM
 #24

i think it depend on your country policy if your country consider it as important to make a transmitter license for sending and receiving bitcoin from business then you must prepare it and must use it for bitcoin transaction.
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