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American Banker. Retrieved 3 November He announced that he would sell the service for the missing amount, aiming to use funds from the sale to refund his customers. In summary, FinCEN’s decision would require bitcoin exchanges where bitcoins are traded for traditional currencies to disclose large transactions and suspicious activity, comply with money laundering regulations, and collect information about their customers as traditional financial institutions are required to do. Archived from the original on 12 November Here’s how he describes it».