Bitcoin Forum
December 18, 2018, 02:44:05 PM *
News: Latest Bitcoin Core release: 0.17.0 [Torrent].
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: question about selling mined coins.  (Read 1164 times)
Death
Newbie
*
Offline Offline

Activity: 44
Merit: 0


View Profile
October 10, 2014, 09:35:54 PM
 #1

i'm a small miner. do i need to register with fincen if i sell bitcoins to exchanges? this would be like me mining gold and pawning it.
1545144245
Hero Member
*
Offline Offline

Posts: 1545144245

View Profile Personal Message (Offline)

Ignore
1545144245
Reply with quote  #2

1545144245
Report to moderator
PLAY NOW
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1545144245
Hero Member
*
Offline Offline

Posts: 1545144245

View Profile Personal Message (Offline)

Ignore
1545144245
Reply with quote  #2

1545144245
Report to moderator
1545144245
Hero Member
*
Offline Offline

Posts: 1545144245

View Profile Personal Message (Offline)

Ignore
1545144245
Reply with quote  #2

1545144245
Report to moderator
goozman96
Hero Member
*****
Offline Offline

Activity: 714
Merit: 500



View Profile
October 11, 2014, 04:33:59 PM
 #2

No. You can sell coins on Coinbase or any similar exchange relatively easily. You should be fine.

BTC: 19DKtsdGfQyFzNiEze9KuFQrWGiLDvg6F1 | LTC: LbV6UGyjYbVP49NvQFmuAnkADcaFYvNagK | NMC: NDCdMJmTmGH54Cezmo3CwSxAC7grAoZJbj
HELP.org
Hero Member
*****
Offline Offline

Activity: 510
Merit: 500



View Profile WWW
October 11, 2014, 04:39:18 PM
 #3

No, I got a FinCEN ruling last year:

http://cointext.com/fincen-issues-bitcoin-friendly-ruling-for-miners/

Certified Bitcoin Professional
Bicoin.me - Bitcoin.me!
Death
Newbie
*
Offline Offline

Activity: 44
Merit: 0


View Profile
October 11, 2014, 08:06:47 PM
 #4


ahhh thank you so much!! i tried to sell a coin and the bank closed my account. i couldn't sleep thinking maybe i had broken the law and they were about to kick down my door to shoot me and my dog. thank you.
HELP.org
Hero Member
*****
Offline Offline

Activity: 510
Merit: 500



View Profile WWW
October 11, 2014, 08:14:30 PM
 #5


ahhh thank you so much!! i tried to sell a coin and the bank closed my account. i couldn't sleep thinking maybe i had broken the law and they were about to kick down my door to shoot me and my dog. thank you.

What did you do?  Link your account to Coinbase or Circle?

Certified Bitcoin Professional
Bicoin.me - Bitcoin.me!
Death
Newbie
*
Offline Offline

Activity: 44
Merit: 0


View Profile
October 11, 2014, 09:10:37 PM
 #6


ahhh thank you so much!! i tried to sell a coin and the bank closed my account. i couldn't sleep thinking maybe i had broken the law and they were about to kick down my door to shoot me and my dog. thank you.

What did you do?  Link your account to Coinbase or Circle?

Can't say. But it was a Canadian bank.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!