Day: October 28, 2014

FinCEN’s new ruling puts Coinbase, Bitpay, Circle and others in deep trouble.

  The US Financial Crimes Enforcement Network (FINCEN) released its opinion on: Request for Administrative Ruling on the Application of FinCEN’s Regulations to a Virtual Currency Payment System yesterday (27th October 2014). The ruling which is an update to an earlier ruling of October 2013, in which only Bitcoin Exchanges were subject to the Money …

FinCEN’s new ruling puts Coinbase, Bitpay, Circle and others in deep trouble. Read More »

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