Search Results: test Digital Currency

Ready for that Exam?

A critical but sometimes overlooked topic in the virtual currency world is the Bank Secrecy Act (“BSA”) examination for registered money service businesses.  Digital currency companies that meet the definition of an MSB must register and comply with the requirements of the BSA.  This includes the implementation of an effective…

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The “Blockchains” of Bitcoin 2.0

Bitcoin is built on a distributed consensus technology – the blockchain – which allows transactions to be verified and securely stored without a centralized authority authenticating the transactions.  In its current form, the blockchain serves as a ledger for digital currency.  However, developers with a sophisticated understanding of cryptography seek…

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