In the main forum I started a thread asking basically are WU agents compliant as to being licensed money transmitters
See
https://bitcointalk.org/index.php?topic=715750.0In real life I've been discussing it with lawyers and even judges I know.
The general opinion is if you take any thing of value now via the Internet and exchange it for value, you need to be a licensed money transmitter.
So the question is simple, if you are an agent of WU the biggest network of money transmitters in the world, as an agent can you argue you are complaint with the new US Fed law requiring businesses to be licensed money transmitters.
The lawyers I know and judges seem to think there are not two rules now, money transmitters are money transmitters and subject to rules.
So an agent of WU should be considered a defacto money transmitter since they are authorized to act under the WU general money transmitter license.
So if any experts in law want to chime in, I think the above topic isn't really a strictly 'legal' thread so that's why I posted it originally in general btc discussion since it impacts pretty much all bitcoin related businesses, so to isolate discussion to a legal section doesn't benefit this community as a whole, since most won't really view 'legal' sections.
So expert opinion is welcomed to help the btc community as a whole.
Thanks
