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Topic: Do i need a money transmitter license to send and receive bitcoin from business? - page 2. (Read 4223 times)

hero member
Activity: 1036
Merit: 504
Becoming legend, but I took merit to the knee :(
If you are selling for example hardware for Bitcoins, you should be safe. However, you will be liable for tax payments

Refer to https://www.lawgives.com/guide/5423423377777744aa010000 and https://en.bitcoin.it/wiki/How_to_accept_Bitcoin,_for_small_businesses
legendary
Activity: 2282
Merit: 1023
I guess it all depends on the amount and where your business is operating. I would think no license for bitcoin if you are outside NY. If you are in NY you better check the bitlicense.
legendary
Activity: 4424
Merit: 4794
if your only touching bitcoin. then no.

if your touching fiat. then thats a different story
newbie
Activity: 1
Merit: 0
I just wanted to know if need a money transmitter license to receive and send payments paid to click websites. Im from the united states so laws here vary from each state. Im not even sure if thats money transmitting in the first place.  Huh
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