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Author Topic: FinCEN Declares Bitcoin Miners, Investors Aren’t Money Transmitters  (Read 680 times)
knightcoin (OP)
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January 31, 2014, 05:31:05 PM
 #1
Interesting article from coindesk

http://www.coindesk.com/fincen-bitcoin-miners-investors-money-transmitters/
http://www.introversion.co.uk/
mit/x11 licence 18.x/16|o|3ffe ::71
Sonny
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February 01, 2014, 09:49:45 AM
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Quote from: knightcoin on January 31, 2014, 05:31:05 PM
Interesting article from coindesk

http://www.coindesk.com/fincen-bitcoin-miners-investors-money-transmitters/

A good news to me.
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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.
McDonaldTrump
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February 08, 2014, 08:45:58 AM
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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.
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