I inquired about the Lamassu's in New Jersey and when I called the NJ Department, I was told that although its not needed as of right now, it would be wise to get a Money Transmitter license, which requires $100,000 in the bank. The person that answered was very helpful and was actually telling me I was the second person, besides a big online service, looking into the NJ license.
He also stated that He is trying to get further clarification for the future as NJ is up in the air right now. I am assuming many states in the USA are in this situation, but you also don't want to get caught running an ATM *IF* they confirm you do need a money transmitter license.
As said above, best to consult with a lawyer as well as the local Govt. I was also told that since this is so cutting edge, you would most likely *NOT* get in trouble after the Law Passes. As long as you comply with them after the law changes, no penalties would arise. Again this could very by state.
Kosta
I don't think you would get in trouble either. If the government has not classified it as money yet, then what's the difference between a token or voucher machine etc? But yes, best to check and at least get on record of enquiring.
