The Financial Crimes Enforcement Network [FinCen] issued its guidance on the ‘Application of FinCEN’s Regulations to Certain Business Models Involving Convertible Virtual Currencies’ on May 9, 2019. The guidance elucidates how money transmission regulations apply to a business involved in providing convertible virtual currency services. This includes P2P exchanges, wallets, hosted and un-hosted wallets providers, […]The post Bitcoin Lightning node and FinCen: ‘It’s just silly. Honestly, people, stop with this stuff,’ says Legal Officer appeared first on AMBCrypto.
