Apple Pay Review: Easy to Use, but Still Hard to Find
It beats PayPal and Google, but the best hope for ending wallet bloat needs more reach. Source: online.wsj.com Great review…
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 »
FinCEN Rules Bitcoin Payment Processors, Exchanges are Money Transmitters
FinCEN releases new guidance for custodial bitcoin exchanges and payment processors, ruling them money services businesses under US law. Source: www.coindesk.com …and now the fight starts for obtaining money transmitter licenses.