Casascius(Mike Caldwell) received a letter from the Financial Crimes Enforcement Network, or FINCEN, the arm of the Treasury Department that dictates how the nations anti-money-laundering and financial crime regulations are interpreted. According to FINCEN, Caldwell needs to rethink his business. They considered my activity to be money transmitting, Caldwell says. And if you want to transmit money, you must first jump through a lot of state and federal regulatory hoops Caldwell hasnt jumped through.
Because the process is so complicated, Caldwell has stopped taking orders.
Lol. At least you have clarified that you were quoting Mike. Maybe i should of understood your formatting better, as i initially thought you were referring to yourself.
