Articles

Results 1 to 5 of 23


A Regulatory Primer for Bitcoin ATM Operators - State Law & Regulations

USA - September 14 2017 Depending on the state where the Bitcoin ATM operator sets up the business, the operator may - or may not - need to comply with that state’s laws…

Jeffery T. Gorham, William T. Repasky

Legal Issues of Owning and Operating a Bitcoin ATM Business

USA - September 14 2017 As previously discussed, Bitcoin ATMs are a growing industry, offering consumers great flexibility in exchanging Bitcoin tokens for cash, or…

Jeffery T. Gorham, William T. Repasky

A Cautionary Tale for Money Service Businesses: How Violating the Bank Secrecy Act Could Cost Millions

USA - March 2 2017 On February 27, 2017, The Financial Crimes Enforcement Network (“FinCEN”) fined Merchants Bank of California (“Merchants”) $7 million for what it…

Casey Duhart, William T. Repasky

Bitcoin ATMs: What They Are and How They Work

USA - September 14 2017 The traditional ATM is a truly ubiquitous part of our culture. Although the first American ATM was not installed until the fall of 1969 in New York…

Jeffery T. Gorham, William T. Repasky

A Regulatory Primer for Bitcoin ATM Operators - Federal Law & Regulations

USA - September 14 2017 Most businesses must deal with federal, state, and local laws and regulations from time to time. Operators of Bitcoin ATMs are no different. For such…

Jeffery T. Gorham, William T. Repasky