Quote from: roedieroe on July 18, 2013, 04:25:21 AM

Quote from: notme on July 18, 2013, 01:59:53 AM

Quote from: sayulita on July 18, 2013, 01:53:42 AM

If you guys want your bitcoin converted to cash in your US bank accounts you should read this thread:

https://bitcointalk.org/index.php?topic=237164.0

Why not just make a bitcoin withdrawal, then load the bitcoin for sale at Bitcoin-Brokers for free, who will then broker the sale of your bitcoins...get you higher rates than MtGox rates, and pay you cash immediately into your US bank account?

No wire transfer fees, no waiting, get paid more than MtGox.

Are you fully licensed to transmit money in all 50 states? If you are not, you are putting your funds and your customer's funds at risk of seizure.

Everybody loves these phrases recently, eh? @notme, perhaps you should do some more reading re: FinCen before you try to toss BitcoinBrokers under the proverbial bus? Just my 2c, cheers

I have read the guidance and surrounding regulations. If I am wrong, please tell me where. Because from my reading, if you but or sell bitcoins for another person (AKA acting as a broker), you need to be registered as a MSB and a money transmitter. Seriously, I would love to know I am wrong so I can resume some of the activities I feel I can no longer do.