Interpreting the Recent FinCEN Rulings on Virtual Currencies

Interpreting the Recent FinCEN Rulings on Virtual Currencies

This article is a review of the current FinCEN administrative rulings as they apply to the use of virtual currencies in the United States. FinCEN first started contemplating virtual currencies in March 2013 when they released FIN-2013-G001. Their original ruling did not consider users of virtual currencies to be dealers in foreign exchange, which was a....


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