Mt. Gox registers with FinCEN as a money services business
Mt. Gox, the world's largest bitcoin exchange, has taken a step towards complying with US money-laundering regulations by registering as a money services business with the US Treasury Department. The Treasury Department's Financial Crimes Enforcement Network, FinCEN, shows on their website that Mt. Gox's registration as a money services business was received on Thursday 27th June. Although this does not constitute approval by FinCEN of Mt. Gox's activities, it is a sign that the bitcoin exchange is willing to abide by US rules in order to continue operating. "In practice, registration with....
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