What Emerging Payment Providers Can Learn From Liberty Reserve and Mt. Gox
Margo H.K. Tank & Ian C.B. Spear
July 2, 2013
As recent events relating to virtual currencies indicate, emerging payment providers face a rising tide of regulatory scrutiny at the state and federal levels. In their recent article, Margo Tank and Ian Spear discuss some requirements and penalties of relevant laws and regulations, including federal money services business regulations and state money transmitter laws.