Post
Topic
Board Bitcoin Discussion
Re: Support U.S. HR 1098 Free Competition in Currency Act
by
CryptoCommodity
on 14/07/2011, 23:28:08 UTC
not necessarily true for merchants.

Source?

There is no source because the statement isn't based in fact.

Everything is legal until it isn't.  

Could you possibly violate laws dealing in cash transactions for Bitcoins? Yes

Interestingly I have yet to see one exchange that correctly interprets US law regarding Currency Transaction Reports (CTRs) and/or understands their reporting requirements (or lack thereof).