licensing

Services

Faisal Khan & Company offers the following services. Please read through the relevant material before scheduling a call.  Licensing Services related to the provisioning of licenses to operate as a LIFI (Licensed Financial Institution) or work with an existing PLH (Principal License Holder).  Includes territories like United States, Canada, UK, European Union, Australia/New Zealand, Various …

Services Read More »

What recourse do Bitcoin companies operating in the US have in light of the recent ruling by FinCEN?

  On October 27, 2014, the Financial Crimes Enforcement Network (FinCEN) released new guidance for custodial bitcoin exchanges and payment processors, ruling that such companies may be considered money services businesses under US law. The past couple of days have been very hectic. Besides fielding calls from lots of people, everyone is asking the same …

What recourse do Bitcoin companies operating in the US have in light of the recent ruling by FinCEN? Read More »

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 »

Scroll to Top