Money transmitting requires "acceptance" AND "transmission" of funds. Due to the nature of bitcoin, non-custodial services never accept users funds because they do not hold the private keys. FinCEN has ruled on this previously and DOJ is arbitrarily redefining what a money transmitter is, creating confusion for American citizens and stifling development.
Its seems that some people understand a little bit.

#bitcoin
#doj
#tldr

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