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FINCEN GUIDANCE - systems.cs.cornell.edu

FINCEN GUIDANCE 4 The term “money transmission services” is defined to mean the acceptance of currency, funds, or other value that substitutes for currency from one person and the transmission of currency, funds, or other value that substitutes for currency to another location or person by any means.9 The term “other value that substitutes for currency” encompasses situations in which ...

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