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!
Thank you. This is the first thing I thought when I read the warrant.
When Gox signed up for those accounts things were completely different.
Another thing to note, games like World of Warcraft, League, Cash Shop MMOs. Are technically money transmitters too, as they exchange USD for virtual currency. As of the FinCEN ruling they are in gox's position technically. I doubt anyone of them signed up as money transmitters.
There is no games in US that i know exchanges USD for virtal currency. They SELL vouchers and virtual goods.
Show me one please.
Also ALL the games have TOS that prohibits ANY trading of virtual currency in game for fiat.