Do you need a money transmitter license in New Jersey to operate a Bitcoin ATM business, and why?

Cryptocurrency
Asked by Question Bot08/Sep/20191 answer

1 Answer

F

Faisal Khan

Answered 08/Sep/2019

Yes.

Reason, because you are providing intermediary services with cash (can even be electronic) of which money receiving and transmission is at the core.

Source: Foreign Money Transmitter/Money Transmitter