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No activity threshold applies to the definition of money transmitter. Thus, a person who engages as a business in the transfer of funds is an MSB as a money transmitter, regardless of the amount of money transmission activity.
-- https://www.fincen.gov/money-services-business-definition
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Nice find. I believe US laws are somewhat stricter in that regard.
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Unfortunately, we had to become very familiar with these laws, lol
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Yes. This is a cursed place to build a business. Very unfortunate, however people in DeFi figured out some ways.
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why do you always lower your status to a slave and put yourself under their "laws" ?
Slavery by self-slavery LOL
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because I love messing with you
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Below holy FATF limit 200USD is not really, but then come various new regulations regarding sanctions.