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A comment on Signal adds a payments feature with a privacy-focused cryptocurrency. Parent comment

Re:Signal adds a payments feature with a privacy-focused cry... by dannyw on Wednesday April 07, 2021 @12:37AM (#26720650)
Legally, yes. FinCEN distinguishes custodial exchanges with noncustodial wallets. It looks like signal is doing the latter.

Bitcoin Core (the software) is not registered as a money transmitter anywhere in the world, its developers are fine and never got into any trouble.

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Re:Signal adds a payments feature with a privacy-focused cry... by JumpCrisscross on Wednesday April 07, 2021 @12:39AM (#26720661)
> FinCEN distinguishes custodial exchanges with noncustodial wallets. It looks like signal is doing the latter.

We agree. There is a legal difference between a custodial exchange and noncustodial wallet. Just as there is a difference between a non-money messaging system and a noncustodial wallet. The comment you are responding to concerned itself with the latter.

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