The barter industry has much to thank Dennis Smith for in the year 2014. He took down Ormita, a house of cards which perpetrated gross crimes across the world, after years of research and investigation. I personally talked to Dennis, at length, during that particular time, and I find him to be lucid, even if […]
Favorable Opinion From California Department of Business Oversight
The global proliferation of Bitcoin and other crypto-currencies has caused many governmental agencies to review their financial code sections that relate to money transmission reporting requirements. Since the FinCEN advisory was released last year, there has been great concern and confusion in the barter industry. We have reported on some of this confusion in the […]