Post
Topic
Board Bitcoin Discussion
Re: Unlicensed Exchangers
by
mayax
on 30/04/2016, 21:06:13 UTC
closed by who? if it's not by their local jurisdiction, they cannot be closed america if you think so, they are out of the law of america

All the countries have laws regarding to financial transactions and they require a financial license for the Bitcoin exchangers. It doesn't matter if you are in USA or China.



how about coin?does the coin must have license too or it will be closed ,.lol

bitcoins does not need any licenses.
I think bitcoins need licensed if they are willing to start a business exchanger site so that they can accept banks to use their services or to buy bitcoin using banks..

yes, the exchangers(the companies) need license. it does not matter where they are incorporated.