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There's a lot of misinformation here about US-based laws. Here are the facts: 1. All US based exchanges require FinCen registration 2. Most states require a m
by thejerz 9y ago
There's a lot of misinformation here about US-based laws. Here are the facts:
1. All US based exchanges require FinCen registration
2. Most states require a money transmission license
Before choosing an exchange, ask to see their FinCen and state licenses. Coinbase's licenses, for example, are posted publicly:
https://www.coinbase.com/legal/licenses https://www.coinbase.com/legal/licenses