How does Gox need a US license to transfer money when they are in Japan.
How does anybody need a license to transfer money period. At this point you basically can't do business without transferring money.
They need an American license when doing business with Americans in America.
So in prosecuting MtGox for not having a money changing license, is there a legal precedent being set here that Bitcoin fits the government's definition of "money" ?
As far as I can see the money exchanging takes place in Japan, this is merely a funding method.