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Bitcoin ATM Regulations with Bill Repasky



For the fourth episode of ATM week, we now have Bill Repasky from the regulation agency Frost Brown Todd. We focus on why the agency moved into blockchain companies and the laws relating to Bitcoin ATMs, together with FinCEN and cash transmitter licenses.

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“There may be an excessive amount of good within the DNA of Bitcoin to think about an outright ban.”
— Bill Repasky

Location: Skype
Date: Wednesday, fifteenth August
Challenge: Frost Brown Todd LLC
Position: Company Legal professional

Regulations are have all the time been in entrance of thoughts for the Bitcoin business. Ever-increasing surveillance has accompanied the evolution of know-how, primarily monetary surveillance.

Bitcoin is the primary cash owned by the individuals and is commonly seen as a risk to the state, as such the state has struggled to adapt to it.

For companies who function within the business, working with and understanding state laws is non-negotiable. One firm serving to corporations navigate that is Frost Brown Todd, one of many largest regulation companies within the Midwest United States.

On this interview, I converse to Bill Repasky, a Company Legal professional with the agency, to speak concerning the potential hurdles of working a Bitcoin ATM enterprise. We focus on the regulatory necessities of FinCEN, Cash Transmitter Licenses, and the way the present panorama lends itself to corporations in a position to scale.

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