Remittance there is done through a loose network of MSBs known as hawalas.
FORBES: The Somali American Remittance Dilemma
Ordinary Bitcoin users are not required to register as MSBs if they merely use the currency to purchase goods and services.
FORBES: New Money Laundering Guidelines Are A Positive Sign For Bitcoin
MSBs, however, the scarcity of government bonds makes it hard for the central bank to engage in open-market bond dealings to control the money supply.
ECONOMIST: South Korea
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