Post
Topic
Board Legal
Re: Faucets Legality
by
ashour
on 04/10/2015, 23:05:54 UTC
the revenue is so low  that no one is going to bother with them, also they are completely in crypto currency , there is no fiat involved there, so not taxable and obviously legal
Exactly, faucets are operating on really low volume so they are irrelevant. The Governments mostly care about bitcoin exchanges, marketplaces and casinos since there is a bigger bitcoin volume.
But sometimes govt. do interfere in there business. Recently PD was banned in US.
And central banks keeps on releasing warnings saying stay away from these cryptocurrencies.
PD is a gambling site not faucet, I think that is why the US government decided to ban it.