>>But for money transmission to occur, an intermediary needs to accept customer funds. For a Monero transfer, there is no intermediary. Someone could build an MSB on Monero itself which would require registration, but using Monero to send funds directly to a merchant for one's own purchase, for example, is not money transmission.
They are huge fines and decades in jail sentences at play in money laundering. How sure are you? Not that anyone is going to do X or Y because someone in a thread said so, but things aren't as simple sometimes. Add the potential penalties and...
They are huge fines and decades in jail sentences at play in money laundering. How sure are you? Not that anyone is going to do X or Y because someone in a thread said so, but things aren't as simple sometimes. Add the potential penalties and...