3 comments

[ 2.1 ms ] story [ 15.4 ms ] thread
Maybe I'm missing something, but doesn't this mean Reddit has to register as a money transmitter (I.E. what Mt. Gox didn't do)?
You can't use Reddit to cash out your Bitcoins to dollars.

This isn't something that reddit is doing, it's something that reddit users are doing on reddit.

I don't think so. The users are sending Bitcoins, but Reddit is only receiving dollars. It's the merchant account provider, Coinbase, that might have to do that.