Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Why should the transmission of money require a license?


Because money laundering.


What about it?


See, e.g., https://fas.org/sgp/crs/misc/R46486.pdf and https://www.goodwinlaw.com/~/media/Files/Publications/Attorn...

Money transfer fraud also goes all the way back to "steamship agents" in the early 20th century. See, e.g., https://digital.library.temple.edu/digital/collection/p16002...




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: