FinCEN: Digital Currency Cloud Mining, Escrow Services Aren't Money

FinCEN: Digital Currency Cloud Mining, Escrow Services Aren't Money
Cloud mining is whenever a customer 'rents' digital currency mining hardware from the provider. Customers then pay the provider on a monthly or yearly contract and benefit from a subsequent part of a confirmed blocks. The next FinCEN letter states that …
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Exclusive: RadiumOne's very strange story just got stranger
Smith was also the co-founder of PayWithBits, which it positioned as a "Square for Bitcoin." PayWithBits was … RadiumOne has its main offices in a tall building in the center of downtown SAN FRANCISCO BAY AREA — just two blocks from CNET's headquarters. The …
Read more on CNET

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