FinCEN’s New Bitcoin Guidelines Actually a Good News

By October 28, 2014Bitcoin Politics

FinCEN’s New Bitcoin Guidelines Actually a Good News

FinCEN’s New Bitcoin Guidelines Actually a Good News ForexMinute.com – The Financial Crimes Enforcement Network (FInCEN) released new Bitcoin guidelines for Bitcoin exchanges and payment processing companies in the US. The additional rulings stated that such organizations are subjected to fall under the category of money service businesses.

According to the US law, a Money Services Business includes any individual or companies which provides services such as currency dealing or exchange; check cashing; issuing/selling/redeeming of […]

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