Post
Topic
Board Speculation
Re: Mt. Gox is an unlicensed money exchanger dealing in "crypto-currency."
by
Nemesis
on 15/05/2013, 18:40:12 UTC
FINCEN now considers SELLING AND BUYING BTC FROM AND TO USD is money transmitting and requires to have MSB. Its CLEARLY stated in MARCH. But no you all are so busy with the price hike!

Would this be considered a work around then? BTC > LTC > USD?

Read for yourself : http://fincen.gov/statutes_regs/guidance/html/FIN-2013-G001.html  if LTC falls into virtual currency.

I wouldnt bet on its any difference .