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Bitcoin Discussion
Re: Wait...Does the March 18th finCen legislation make it illegal to trade bitcoins?
by
ihsotas
on
15/05/2013, 21:01:15 UTC
Quote from: joesmoe2012 on May 15, 2013, 08:53:33 PM
According to this article, mtgox spent $25 mil in first year to become financially compliant in the USA...
http://www.theverge.com/2013/4/1/4154500/mt-gox-barons-of-bitcoin
No, it says that it costs 25M to be fully compliant, and that they partnered with a compliant company in the US (that presumably paid that 25M, not MtGox). I'd read the linked press release, but it's hosted on mtgox.com which is down as usual.