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Topic: New Legislation coming in Effect. USA - page 2. (Read 3025 times)

full member
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https://eloncity.io/
August 25, 2014, 04:07:14 PM
#1

If you are hosting anything crypto in USA, you might of heard about the new legislations that are going to be in effect on usa soil soon.
Especially this part (

(1) Records of Virtual Currency transactions. Each Licensee shall maintain the following information
 for all transactions involving the payment, receipt, exchange or conversion, purchase, sale, transfer, or
 transmission of Virtual Currency: the identity and physical addresses of the parties involved, the amount or
 value of the transaction, including in what denomination purchased, sold, or transferred, the method of payment,
 the date(s) on which the transaction was initiated and completed, and a description of the transaction)

This will be IMPOSSIBLE to do as anon / or even key based transactions is the only thing a pool operator knows.

See Sig if you need colo
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