Q&A: Bitcoin Foundation eyes legal minefields

Q&A: Bitcoin Foundation eyes legal minefields

In the wake of reports linking the closure of several bitcoin exchanges with recently released guidance by the Financial Crimes Enforcement Network (FinCEN), CoinDesk spoke with Bitcoin Foundation general counsel Patrick Murck about the impact of the FinCEN regulations. (Murck is also a principal and founder of Engage Legal, with expertise in legal and regulatory issues governing the use of bitcoin and virtual economies.) CD: Are you surprised that the regulations are (directly or indirectly) leading to exchange closures? Murch: "No, I'm not surprised. Since long before the guidelines came....


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