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May 5, 2015, 6:49 pm152 pts
Business Insider
FinCEN, the Financial Crimes Enforcement Network, has levied its first fine on a virtual currency exchange. Ripple Labs, which distributes and exchanges its own cryptocurrency, XRP, is being fined $700,000 by FinCEN, a division of the Treasury Department, for "acting as a money services business (MSB), and…
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