February 01, 2017 | App Developer Magazine

Using Virtual Currency in Your Game Requires Compliancy Too

1 min

Kimberly Culp and Evan Minsberg's article, "Using Virtual Currency in Your Game Requires Compliancy Too," was published in App Developer Magazine on February 1, 2017. Depending on the features app developers include, an in-app virtual currency may be regulated in the same way as bitcoin under interpretations of U.S. anti-money laundering laws first announced in 2013 by the Financial Crimes Enforcement Network (FinCEN). This article will help you understand the steps to take to avoid obligations imposed by federal anti-money laundering laws.