Aug 22Why the Funds Travel Rule and Funds Transfer Rule should not apply to Bitcoin ATM OperatorsAugust 22, 2022 I’ve seen a couple Title 31 audits for Bitcoin ATM Operators come back with the following, “As a money transmitter, it is required to comply with the Funds Transfer Rule (31 CFR § 1010.410(e)) and Funds Travel Rule (31 C.F.R. § 1010.410(f)).” The IRS appears to expect…Bitcoin6 min read
Dec 21, 2020FinCEN’s proposed rule to make Bitcoin a Monetary InstrumentI hope everyone is doing well and gearing up for a Merry Christmas! Bitcoin hit a new all time high on Sunday, December 20th, of $24,190! As you may have heard, FinCEN issued a notice of proposed rule making — they gave a whole 15 days for comments — and…Bitcoin3 min read
Sep 25, 2020The Evolution of Bitcoin Money Transmission Regulation in FloridaThe Evolution of Bitcoin Money Transmission Regulation in Florida If you’re a cryptocurrency company in America, chances are you have sought, or should seek, guidance on the Florida Money Transmission License (“MTL”) requirements. Most companies look to avoid this license, as it’s costly, time consuming, and for many cryptocurrency companies…Florida8 min read
Sep 25, 2020The Grand Jury SubpoenaThere’s an old legal maxim that the grand jury has a right to every man’s evidence. This Maxim remains true today and the means by which the grand jury retrieves that evidence is through grand jury subpoenas, for testimony, for documents, or for other evidence. What is a grand jury…Grand Jury2 min read
Sep 25, 2020PAYCHECK PROTECTION PROGRAM FORGIVENESS APPLICATIONThe forgiveness application must be submitted by October 31, 2020 and can be filled out here: https://home.treasury.gov/system/files/136/3245-0407-SBA-Form-3508-PPP-Forgiveness-Application.pdf Instructions for the forgiveness application are here: https://www.sba.gov/sites/default/files/2020-05/3245 0407%20SBA%20Form%203508%20PPP%20Forgiveness%20Application.pdf Eligible payroll costs. Borrowers are generally eligible for forgiveness for the payroll costs paid and payroll costs incurred during the eight-week (56-day) Covered Period…Ppp Forgiveness2 min read
Mar 30, 2020How to take advantage of the CARES ACTPaycheck Protection Program Loan Forgiveness. On March 27, 2020, President Trump signed into law the largest bill in U.S. History, the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”). The Basics: · Up to $10 MILLION loan per small business (any company or non-profit with less than 500 employees), loan is forgiven by…Care Act3 min read
Mar 9, 2020HODLCast Weekly NewsletterMarch 9, 2020 (#ripbiggiesmalls) I hope everyone is doing well and staying healthy, this virus feels pretty scary. Some rumors suggest that China has actually cemented some of their quarantined population into their dwellings. Business seems to be grinding to a halt, conferences are being cancelled, airlines are refunding flights…Hodlcast2 min read
Mar 9, 2020Transcript from HODLCast Ep. 65 — originally recorded on February 6, 2019Sasha: All right. Hello everyone. Good morning. Today is February 6th, 2019. This is the HODL cast and we have a special guest, Jared, from Moon Math Win. Jared, can you give a little introduction of yourself and how you got involved in this Bitcoin space? Jared: Yeah, so I’m…Bitcoin49 min read
Mar 6, 2020HODLCast Transcript — Ep. 106 with Lyn UlbrichtTo show support for Lyn & Ross Ulbricht, visit freeross.org and take action! Welcome to the HODLcast Bionic version. While editing, I sometimes shortened or changed sentences. To hear what we said in real time, check the unedited original audio. Changes are made at my sole discretion and were not…Freeross11 min read
Feb 11, 2020HODLCast with John McAfeeJohn McAfee goes wild! There’s a lot of things you can call John McAfee, probably with good cause. One thing you can’t call him, though, is boring. Listen in on episode 98 of the HodlCast to get an interesting and somewhat unhinged earful from the controversial security magnate turned politician. …2 min read
