Re: FinCEN's definition of a Money Exchanger

Quote from: AlanX on June 11, 2013, 09:31:38 PM

I was noticing that you can sell gift cards for cash. Isn't this the same as selling Bitcoin for cash? Is FinCen coming down on these guys like they are on Bitcoin?

http://www.dailyfinance.com/2013/02/15/unwanted-gift-cards-5-ways-cash-in/

Gift cards are not an exchange of currency.

A $25 iTunes gift card is in US denominations and how much you can buy with it relative to spending $25 USD doesn't change.