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A comment on Show HN: Purchase Virtual Prepaid Cards with Bitcoin via Lightning or Coinbase. Parent comment

Re:Show HN: Purchase Virtual Prepaid Cards with Bitcoin via ... by krucraft on Tuesday March 09, 2021 @03:09PM (#26403479)
Thank you!

We've structured the product and flow of funds such that we are exempt from MTLs and the Bitlicense. The volume limits and data collection we perform are all within the legal framework for AML. We may adjust them over time as we develop our risk model. I believe it is possible to have security without sacrificing privacy. :)

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Re:Show HN: Purchase Virtual Prepaid Cards with Bitcoin via ... by turkeytotal on Tuesday March 09, 2021 @04:41PM (#26404690)
I am surprised to hear that the NYDFS considers a service that facilitates the sale of cash equivalents for cryptocurrency exempt from licensing. Would you mind sharing more?
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