03 Jun '13, 6am

Tangible Cryptography suspends Bitcoin related transactions via @BitcoinInfo

Effective the May 31st, 2013 Tangible Cryptography has suspended new purchases of Bitcoins through our service FastCash4Bitcoins. We take this step in response to a notice received on the same day from the Commonwealth of Virginia that a complaint has been made that our company is operating as an unlicensed money transmitter. The Virginia Corporation Commission did an initial investigation in response to the complaint, and determined that our activity may constitute money transmission under Virginia law. The Commission's initial assessment has factual errors which we intend to address. The notice indicated that it appears that our company is issuing Bitcoins through the use of the website https://fastcash4bitcoins.com , which may constitute "sale of issuance of stored value" under Virginia law. As our clients are well aware this is simply an incorrect assessment of our bus...

Full article: https://bitcointalk.org/index.php?topic=224135.0

Tweets

[ANN] Tangible Cryptography suspend new sales #...

bitcointalk.org 03 Jun '13, 4am

Effective the May 31st, 2013 Tangible Cryptography has suspended new purchases of Bitcoins through our service FastCash4Bi...

Bitcoin service suspended by state of Virginia

bitcointalk.org 03 Jun '13, 5pm

Effective the May 31st, 2013 Tangible Cryptography has suspended new purchases of Bitcoins through our service FastCash4Bi...

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