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Topic: Money Services Business/Money Transmitter? (Read 561 times)

newbie
Activity: 3
Merit: 0
January 25, 2015, 09:29:34 PM
#1
When trading on LocalBitcoins, or other similar sites, does someone need to register as a Money Services Business/Money Transmitter in the U.S.?  I've tried looking around, mostly people saying we don't, with a few saying that we should.  Is there anyone one here that has a background in Business Law or a CPA that might have more knowledge in it?  I'm in Minnesota if that helps. 
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