Timeline for Is reselling prepaid gift cards for crypto MSB or not?
Current License: CC BY-SA 4.0
4 events
| when toggle format | what | by | license | comment | |
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| Jan 4 at 17:28 | comment | added | ohwilleke | @user3509046 Trying to avoid KYC is a key point of what makes it money laundering and a 2011 rule is probably old news. | |
| Jan 4 at 14:25 | comment | added | user3509046 | So now I'm confused basically because on July 26, 2011, FinCEN issued the Final Rule from my understanding the business model mentioned in my original question would be exempt. Also it is mentioned that the allowed for this model is $10,000 per customer per day. To be clear I'm looking for the correct information on how to adapt this business model to stay legal, avoid FinCEN and avoid KYC all way keeping it simple. | |
| Jan 4 at 8:58 | history | edited | ohwilleke | CC BY-SA 4.0 |
added 202 characters in body
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| Jan 4 at 8:53 | history | answered | ohwilleke | CC BY-SA 4.0 |