REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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"It's In The Mania Phase":"Mortgages Are Being Taken Out To Buy Bitcoin Yes...with possible profits going up...persons are getting
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Poster Handle
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Anonymous Coward |
Post Content
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U.S. GOVERNMENT NASTYGRAM SHUTS DOWN ONE-MAN BITCOIN MINT Just before Thanksgiving, he says, he received a letter from the Financial Crimes Enforcement Network, or FINCEN, the arm of the Treasury Department that dictates how the nation's anti-money-laundering and financial crime regulations are interpreted. According to FINCEN, Caldwell needs to rethink his business. "They considered my activity to be money transmitting," Caldwell says. And if you want to transmit money, you must first jump through a lot of state and federal regulatory hoops Caldwell hasn't jumped through. [ link to www.wired.com (secure)]
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