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Because FinCEN just gave their opinion, bro
On Monday, a filing revealed that FinCEN had explicitly told the Samourai Wallet prosecution that the developers did likely not need a money service business license due to the non-custodial design of their service.
The statements were made prior to the indictment of the developers, stating that registration requirements for non-custodial wallets had previously not been addressed by the regulator.
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