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RE: Hiring 1 Developer to Build a P2P Steem/USD Gateway!

in #budget6 years ago

It's a good question. US laws generally apply to US citizens even when they are traveling, but maybe if you're in another country at the time and you're not trading with an American, it might not apply. It's not really a few small trades that would get you in trouble anyways, I think, it's more if it starts to look like a business. I think there's also risk if the trades are big, because I think the "real" motivation behind this is money laundering concerns by US regulators.

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Thanks for this explanation @blocktrades , it really helped me to understand a few more things about transactions and regulations.

Regards, @gold84