Author

Topic: FinCEN Declares Bitcoin Miners, Investors Aren’t Money Transmitters (Read 687 times)

newbie
Activity: 5
Merit: 0
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.
hero member
Activity: 868
Merit: 1000

A good news to me.
Quote
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.
full member
Activity: 238
Merit: 100
Stand on the shoulders of giants
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