FinCEN MSB Definition for Transactions Under $1000 Per Person Per Day

If you do transactions less than $1000 per day per person, as per FinCEN’s definition, you are NOT an MSB. Is that really the case? If you are below this threshold per person per day, are you NOT a Money Services Business? Really?

The FinCEN MSB Definition is provided at: https://www.fincen.gov/money-services-business-definition