Bitcoin ATM Regulations with Bill Repasky

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For the fourth episode of ATM week, we have Bill Repasky from the law firm Frost Brown Todd. We discuss why the firm moved into blockchain services and the regulations regarding Bitcoin ATMs, including FinCEN and money transmitter licenses.

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“There is too much good in the DNA of Bitcoin to consider an outright ban.”
— Bill Repasky

Location: Skype
Date: Wednesday, 15th August
Project: Frost Brown Todd LLC
Role: Corporate Attorney

Regulations are have always been in front of mind for the Bitcoin industry. Ever-increasing surveillance has accompanied the evolution of technology, primarily financial surveillance.

Bitcoin is the first money owned by the people and is often seen as a threat to the state, as such the state has struggled to adapt to it.

For businesses who operate in the industry, working with and understanding state regulations is non-negotiable. One company helping companies navigate this is Frost Brown Todd, one of the largest law firms in the Midwest United States.

In this interview, I speak to Bill Repasky, a Corporate Attorney with the firm, to talk about the potential hurdles of operating a Bitcoin ATM business. We discuss the regulatory requirements of FinCEN, Money Transmitter Licenses, and how the current landscape lends itself to companies able to scale.
Category
Interviews
Tags
Bitcoin, Cyrptocurrencies, Crypto, Podcast, Trading, Investing, Mining, Tech

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