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Topic: question about selling mined coins. (Read 1233 times)
Death
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question about selling mined coins.
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.
goozman96
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Re: question about selling mined coins.
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
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Re: question about selling mined coins.
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
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Death
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Re: question about selling mined coins.
October 11, 2014, 08:06:47 PM
#4
Quote from: HELP.org on October 11, 2014, 04:39:18 PM
No, I got a FinCEN ruling last year:
http://cointext.com/fincen-issues-bitcoin-friendly-ruling-for-miners/
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
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Re: question about selling mined coins.
October 11, 2014, 08:14:30 PM
#5
Quote from: Death on October 11, 2014, 08:06:47 PM
Quote from: HELP.org on October 11, 2014, 04:39:18 PM
No, I got a FinCEN ruling last year:
http://cointext.com/fincen-issues-bitcoin-friendly-ruling-for-miners/
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
(OP)
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Re: question about selling mined coins.
October 11, 2014, 09:10:37 PM
#6
Quote from: HELP.org on October 11, 2014, 08:14:30 PM
Quote from: Death on October 11, 2014, 08:06:47 PM
Quote from: HELP.org on October 11, 2014, 04:39:18 PM
No, I got a FinCEN ruling last year:
http://cointext.com/fincen-issues-bitcoin-friendly-ruling-for-miners/
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.
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