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@el33th4xor caught this. i'm going to break it down in a long, probably painful THREAD.
FinCEN issues, then maybe retracts, 30 pages of guidance that is stated to be a reiteration & consolidation of prior guidance "rules and interpretations to other common business models involving CVC (convertible virtual currency) engaging in the same ...activity"
6 sections: 1. key concepts within the context of the guidance.
2 consolidates & explains current FinCEN regulations, previous
administrative rulings, & guidance involving the regulation of money transmission under the BSA. 3. summarizes FinCEN’s 2013 guidance
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