Bitcoin Company HashingSpace registers for US FinCEN regulations
Virtual currency firm HashingSpace Corporation has announced that it has filed its Registration of Money Service Business (RMSB) form with the U. S. Financial Crimes Enforcement Network (FinCEN). The Bitcoin ASIC mining and hosting company's decision was announced by Terry Taylor who is the Chief Financial Officer of HashingSpace. Announcing the decision of the company she said, "we are pleased to announce the completion of this vital step towards full compliance with the federal regulations applying to our business." She also tried to address concerns of law enforcement official who have....
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HashingSpace Corporation has reinforced its commitment for cleaner online transactions via its platform, by clinching anagreement with the anti-money laundering and regulatory compliance platform IdentityMind Global™. Earlier we had reported that this Washington-based Bitcoin company had filed its Registration of Money Service Business (RMSB) form with the U. S. Financial Crimes Enforcement Network (FinCEN). Announcing the agreement, Timothy Roberts, CEO of HashingSpace said that "IdentityMind Global™ provides HashingSpace with the complete suite of risk monitoring and anti-money....
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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....
Washington-based Bitcoin ASIC mining and hosting company HashingSpace Corporation has announced today that it will offer Deposit/Withdrawal at Custodian (DWAC) services to its shareholders. DWAC is a method of e-transferring new shares or paper share certificates from the Depository Trust Company (DTC), which acts as a clearinghouse for settling trades. Investors benefit from holding securities in registered form on the books of the transfer agent, rather than in physical form. Terry Taylor, Chief Financial Officer of HashingSpace Corporation said. "We are pleased to be able to offer....