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The LocalBitcoins case…
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Feb. 8, 2014, 3:29 p.m.
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Maybe you've seen this article on CoinDesk: http://www.coindesk.com/localbitcoins-users-criminal-charges-florida/
Of course you need a license to trade Bitcoin for U.S. dollars and other currencies – but that's it.
In order to make a deal that is compatible with existing regulations you have to:
–> acquire a product with Bitcoin that can be sold in exchange for real currency
–> pay for a service with Bitcoin that indirectly increases your wealth in real currency
At this point it seems like Bitcoin needs a platform for local product and service offers instead of LocalBitcoins – at least for the United States.
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