Quote from: DeathAndTaxes on December 14, 2013, 09:53:00 PM

Quote from: hybridsole on December 14, 2013, 08:00:30 PM

Crypsy does not deal in US Dollars, and crypto-exchanges exist under the jurisdiction of no official regulators on the local and federal levels. Outside of breaking any of the State/Federal small business regulations for IT companies, there is nothing that can be done here without first passing some legislation or an executive order.

For the record FinCEN would disagree with you. That being said going to a regulator at this point is just stupid however FinCEN certainly believes it has oversight.

Quote from: FinCEN

An exchanger is a person engaged as a business in the exchange of virtual currency for real currency, funds, or other virtual currency.

The definition of a money transmitter does not differentiate between real currencies and convertible virtual currencies. Accepting and transmitting anything of value that substitutes for currency makes a person a money transmitter under the regulations implementing the BSA.

http://fincen.gov/statutes_regs/guidance/html/FIN-2013-G001.html

Well then, I stand corrected. There is a federal agency (FINCEN) with oversight of virtual currency to virtual currency exchanges. That said, Cryptsy should be well aware of this and vice versa about FINCEN and Cryptsy. That is a matter outside of the state level, and so I don't believe anything can be done by the State AG other than referring it upwards. I am not a lawyer, but so far nobody has really pointed out the fact that Crypsy is likely not breaking any FL state laws, and therefore this stunt that was pulled (whether it happened or not), will likely have no direct consequences to Cryptsy.