Is it legal to sell Bitcoin? (USA)

1 pointsMendenhall8y ago2 comments

After looking around it appears there is no easy answer. I also wont be taking any responses as "legal advice".

I will break it down to a simple example.

Lets say A friend wants to pay me $500 for some bitcoin because they dont want to go through hassle of setting up an account on a exchange. Is that legal?

Please post links to sources because I dont think strictly opinion is helpful.

2 comments

cjbenedikt8y ago

Don't think it's illegal. There are even ATMs where one can do that.

MendenhallOP8y ago

I have read FinCen guidelines and not being a lawyer its not clear to me. In one part it seems to say its fine but in another it appears to be able to fit into "exchanger"

I find it odd to have not found an easy clear answer to this at this point.

j / k navigate · click thread line to collapse