Post
Topic
Board Trading Discussion
Re: FinCEN says you must be MSB if you sell bitcoins for $
by
repentance
on 19/03/2013, 01:15:00 UTC
I wonder if it changes if you send a physical print out of a private key or mt. gox code.

Probably not.  "Real currency equivalent" is specifically mentioned and that would almost certainly apply to MtGox codes.

Selling someone the private keys would almost certainly be regarded as "transmission" as that recipient then has effective ownership of the "units of convertible currency".