What Bitcoin Did with Peter McCormack

Peter Van Valkenburg on Lightning & The Law

04.16.2019 - By Peter McCormackPlay

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Interview location: Skype

Interview date: Thursday 11th April, 2019

Company: Coin Center

Role: Research DirectorThe regulatory lens of Bitcoin is also now on the Lightning Network, and there are questions around how regulations might apply to node operators and custodial wallet providers. Should they require a money transmission license? Should they be subject to KYC/AML requirements?While Bitcoin companies have adapted to the regulatory requirements and secured licenses as required, the requirements for the Lightning Network are a little less clear.Coin Center is working with regulators to advocate those node operators should not require a money transmission license. In this interview, I talk with Coin Center’s Peter Van Valkenburgh about the work they are doing and how regulations might affect aspects of the Lightning Network.-----If you enjoy The What Bitcoin Did Podcast you can help support the show my doing the following:Become a Patron and get access to shows early or help contributeMake a tip:

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