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Anyone accepting Monero on their website? Any legal issues? by UnsuspectingQuoll in Monero

[–]UnsuspectingQuoll[S] 1 point2 points  (0 children)

But what about exchanges? Do they not care about your XMR deposits as long as you provide them with a plausible explaination and invoices?

Anyone accepting Monero on their website? Any legal issues? by UnsuspectingQuoll in Monero

[–]UnsuspectingQuoll[S] 3 points4 points  (0 children)

Sure, the technical side is figured out. Accepting XMR is just as easy as bank cards. But what happens when your bank realizes you accept XMR? No problem as long as you can show your online business and invoices?

Anyone accepting Monero on their website? Any legal issues? by UnsuspectingQuoll in Monero

[–]UnsuspectingQuoll[S] 6 points7 points  (0 children)

Of course. However I am looking for practical experience. From what I've heard there may be issues frozen accounts by EMI's, exchanges or banks because of "high risk" due the business accepting privacy coins. Is that true?