Replying to Avatar YawningGoat

If nostr:npub1current7ntwqmh2twlrtl2llequeks0zfh36v69x4d3wmckg427safsh3w is now charging $0.99 for 2100 Sats via IAP, does this make Current a Bitcoin Exchange?

nostr:npub1mz3vx0ew9le6n48l9f2e8u745k0fzel6thksv0gwfxy3wanprcxq79mymx nostr:note1m6lnd5xfsua63849f7xua4tvm3y5cy00ewge6u6ujwxjl9kcyzgsxk2wn5

Great question. The answer is No. This is like a gift card purchase. We are zapping you 2100 sats for $0.99 IAP. We do not get any user infomration from apple other than this pubkey purchased IAP. We keep it simple and anonymous.

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Discussion

Would you not now have to register as a money service business (or other local equivalent) as you’re now exchanging local currency for bitcoin?