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Adam Tracy Decodes Offshore Economic Substance

Transcribed from: https://youtu.be/pDyjYkHB44o Economic substance rules have made the offshore landscape a bit more costly and a bit more complicated. And what does that entail? Economic substance is broken down into two points: relevant entities and relevant activities. Relevant entities are basically any non-local offshore entity. And for purposes of this discussion, we’re really focusing […]

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Adam Tracy Provides an Update on Bitcoin ATM Regulation

Transcribed from: https://youtu.be/ojua4OWJpyM Bitcoin ATM regulation is constantly in flux, and I haven’t talked about it in a while, so I wanted to revisit the subject. So, with regards to any Bitcoin or cryptocurrency ATM, it always starts with federal registration as a money service business, right? So going through FinCEN, getting an MSB registration, […]

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Adam Tracy Analyzes Electronic Money Issuers

Transcribed from: https://youtu.be/Ej2qE23qnv8 Electronic money issuers have become increasingly popular as more and more individuals and businesses have become debunked, or unbankable. And there is an important distinction in there, obviously, between a bank and an electronic money issuer. Obviously, especially in the United States, you have the guarantee of funds and the insurability of […]

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