Topic: ★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit - page 870. (Read 3059029 times)

http://www.coindesk.com/fincen-director-examiniation-digital-currency/

I always thought the Digibyte promotion video moved too fast for most people to read and take in. Now we can break it down to DigiByte sized chunks. 

Thanks for the update malickie.   

Actually cryptsy owner is slightly wrong about none of the exchanges having licensing in the US.  Cex.io actually aquired a Money Services Business [MSB] status in FinCEN.  Granted it still has work to get licensing done in every state, Currently it can't work with customers in Alabama, Alaska, Arizona, Arkansas, Colorado, Florida, Georgia, Guam, Idaho, Iowa, Kansas, Louisiana, Maryland, Michigan, Mississippi, Nebraska, New Hampshire, New Jersey, North Carolina, North Dakota, Ohio, Oregon, Tennessee, Texas, U.S. Virgin Islands, Vermont, Virginia, Washington.

Anyway yea just thought I would correct that statement Cryptsy made and yea.

Edit: Actually just Reread what he posted.

"There is no company that is fully licensed at the state level in the US. None."  That is actually correct, as you can see from above of course.  I do think Cex.io is currently the only one with an MSB though I think.  Anyone know of any other's that have an MSB?

Nice gif

make it a competition ? best gif gets some DGB.
although i'm not good @ making gifs.

Instagiffer, looks great, now we all should have a go!

I will watch. Great news!

This friday Jared will join the Blocktalk hangout dev edition.

https://twitter.com/alex_sterk/status/595299055107870720
https://twitter.com/alex_sterk/status/592041180990341120

In my opinion this is a good response by cryptsy and a bad act by coinfire.

I'm not making a big deal out of this at the moment, can anyone tell me why I should? It seems to me that the licensing being talked about in this article is not yet common, if at all in place on any of the exchanges. Big V's reply (see below) to this article seems reasonable to me at this juncture, what am I missing?
 
n response to coinfire

I’d like to make a statement regarding coinfire’s article claiming we are lying about being fully licensed.

First off, we’ve never made any claims about being fully licensed at the state level. I’m unsure where they received their information from, but like every other Bitcoin company in the US, we do not have state level MSB licenses. Are we working to acquire them? Yes, but the process can take years.

There is no company that is fully licensed at the state level in the US. None.

Coinfire claims to have tried contacting us, but I’m unsure the method they were attempting. I’ve not seen anything from them requesting information. Had they asked, we would have told them that we do not have state level licenses – just like anybody else who asks that question. They certainly would not have had to call state by state requesting information because we would have told them we do not carry state licenses.

We do, however, fully comply with our Federal MSB requirements. This includes filing SAR (Suspicous Activity Reports) and CTR (Currency Transaction Reports). We also have one of the most extensive KYC programs in the industry, scrub accounts against the OFAC list, and perform Transaction Monitoring. At a federal level, we are compliant.

Federal compliance is the only claim we have ever made and will make.

I invite the writer at coinfire to contact me so I can show him what we do have, and what we don’t. I’m sure we could chat for hours about the woes of a Bitcoin related company attempting to get licenses from all the states.

It seemed to be a good investigation, but it was based on a false premise.

Paul Vernon
“BigVern”

Cryptsy Lying About Following All State Laws say coinfire.

http://coinfire.io/2015/05/01/cryptsy-lying-about-following-all-state-laws/

It's getting crowded in the top 5 positions of the richlist

And another 10btc incoming soon.

Cryptsy has a lot of 'loss leaders' that draw people in and make it more convenient for them to store their main trading balance there. Bittrex has this to a degree, but remove coins with very low volumes on a regular basis.

I would also like to add that I've never had a problem with bittrex, I think they are a decent exchange. I started using them when the mintpal scandal was happening. I wish the original mintpal team would make a new exchange, their user interface was the best. Looks wistfully into the distance.

Agree with you there! I have had no issues at all! Would love seeing either Trex or Polo take over the volume

https://bittrex.com/Market/Index?MarketName=BTC-DGB

I've only got good things to say about them.

Thanks for info. Final translation is still in work. Getting ready end of this week!