HairyMaclairy
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Degenerate bull hatter & Bitcoin monotheist


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December 22, 2017, 01:29:39 AM

any opinion to share on the status of LN hubs as money transmitters under FinCEN regulatory requirements?

While I think the Lightning network holds promise. I think it will be regulated and centralized. Just like exchanges. Perhaps this is it's Achilles heel. LN networks will be subject to KYC and AML laws not just in the US.

You won’t store real value on LN just lunch money.   Real value will still be done on the main chain.

I think the real issue is licensing of Bitmain under FINCEN as the controller of Bcash.