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Do you need a license to sell crypto? If the company intends to operate as an intermediary in transactions concerning exchange of cryptocurrencies to real funds (cryptocurrency – fiat), it is required to obtain the Money Transmitter License.
What is the most profitable altcoin? Ethereum (ETH-USD), Verge (XVG-USD) and dogecoin (DOGE-USD) are the top three most profitable cryptocurrencies to mine, according to a recent report by Traders of Crypto. Note the barriers to entry in crypto mining are low so long as the right equipment is being used to set up a mining machine.
Is crypto currency legal in the US? Cryptocurrency exchanges are legal in the United States and fall under the regulatory scope of the Bank Secrecy Act (BSA). In practice, this means that cryptocurrency exchange service providers must register with FinCEN, implement an AML/CFT program, maintain appropriate records, and submit reports to the authorities.
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