Fincen guidelines affect bitpay
The financial crimes enforcement network (fincen) has released new guidance for custodial bitcoin exchanges and payment processors, ruling that such companies may be considered money services. Guidance is intended to clarify issues or respond to questions of general applicability that arise under fincen regulations 31 cfr chapter x (formerly 31 cfr part 103).
How fincen guidelines affect bitpay we have received numerous industry and press inquiries as to how the march 18 guidance from fincen regarding virtual currencies would affect bitpay. We have always worked under the impression that virtual currency is money, so we are glad that fincen now agrees with that position.
We have received numerous industry and press inquiries as to how the march 18 guidance from fincen regarding virtual currencies would affect bitpay. The secret world inside your smartphone comes to life in the emojimovie. Py-13we emojimovie hurricanes irwin (now a tropical storm) and hilary were spotted from space tuesday.
Bugs and forks - bitpay.
Product bitpay adds google authenticator, 7 new countries for direct bank deposit. Fincens new ruling puts coinbase, bitpay, circle and others in deep trouble.
Stock exchange launches ethereum. The transfer and reorganization of the bsa regulations from 31 cfr part 103 to 31 cfr chapter x has not altered the legal effect of any regulatory obligation nor has it imposed.