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Crypto Terms:  Letter M

What is Money Transmitter?

Meaning:
Money Transmitter - a company that provides money transfer services.
easy
2 minutes

Let's find out Money Transmitter meaning, definition in crypto, what is Money Transmitter, and all other detailed facts.

A company that provides money transfer services is referred to as a money transmitter. In the US, money transmitters belong to a larger group of companies called money service businesses (MSBs).

Talking about the crypto world, any company that deals with cryptocurrencies on a regular basis is perceived as a money transmitter. That’s the case because cryptocurrencies are classified as a commodity under federal law in the U.S. and it falls under the jurisdiction of the Financial Crimes Enforcement Network (FinCEN).

FinCEN confirmed that virtual currency and fiat money are subject to the same money transmission legislation in a guidance document published in 2013, titled Application of FinCEN's Regulations to Persons Administering, Exchanging, or Using Virtual Currencies.

A money transmitter, according to FinCEN, is someone who provides money transmission services or participates in money transfers. Therefore, money transmitters include all companies that take cryptocurrencies from clients on behalf of merchants or exchange virtual currencies for fiat money.

Note that the Bank Secrecy Act (BSA) applies to all crypto-related businesses, which means that they must seek a license in each state where they operate (except if they are in the northwestern state of Montana). Payment processors, cryptocurrency exchanges, Bitcoin ATMs, and some cryptocurrency wallet providers are among the organizations that are subject to these legal obligations.

cryptocurrency asset<\/strong>. The term is predominantly used by <strong><a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-bull/">bullish investors<\/strong> with an optimistic market outlook.<\/p>\n<p>The phrase &ldquo;<strong>going to the moon<\/strong>&rdquo; means that an asset is experiencing or is about to experience a <strong>significant price increase<\/strong>. On various social media platforms, the term may be used alongside a combination of space-themed emojis, like rocket ships and the moon.<\/p>\n<p>The term may also be used as the verb &ldquo;<strong>mooning<\/strong>&rdquo; to describe the same market sentiments.<\/p>\n<p>The exact origin of the term is unknown. However, it is believed that &ldquo;moon&rdquo; as a slang first emerged around 2017, when the price of <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//buy-bitcoin-btc/">Bitcoin (BTC)<\/strong><\/a> exceeded $20,000 for the first time.<\/p>","definition":"crypto slang used to describe the continuous upward movement of a cryptocurrency\u2019s price.","status":"published","meta_title":"What is Moon? Definition & Meaning | Crypto Wiki","meta_description":"Moon meaning: Moon - crypto slang used to describe the continuous upward movement of a cryptocurrency\u2019s price.","meta_keywords":null}" :prev-section="{"id":549,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/License","level":"medium","author_id":1,"created_at":"2023-06-19T06:59:00.000000Z","updated_at":"2023-11-21T18:40:20.000000Z","slug":"what-is-money-transfer-license-mtl","title":"What is Money Transfer License (MTL)?","section":"M","keyword":"Money Transfer License (MTL)","content":"<p><strong>Money Transfer License (MTL), or a money transmitter license, is a type of license that legally allows money transmitters to provide financial services.<\/strong> It&rsquo;s a legal requirement for every <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-money-transmitter/">money transmitter<\/strong><\/a> business to hold an MTL.&nbsp;<\/p>\n<p>It&rsquo;s important to note that federal and\/or state laws determine which institution that provides money services requires obtaining a money transfer license.&nbsp;<\/p>\n<p>The term money transmitter also known as a money transfer service is used to describe an institution that receives and transfers funds on someone&rsquo;s behalf both within and outside of the borders of the United States. This type of institution usually oversees and provides financial services such as:<\/p>\n<ul>\n<li><strong>Currency exchange services<\/strong> including fiat currencies and cryptocurrencies;<\/li>\n<li>Means to cash your checks;<\/li>\n<li>Issuing money orders or traveler&rsquo;s cheques.<\/li>\n<\/ul>\n<p>Additionally, money transmitters are part of the money service business (MSB) group.<\/p>\n<p>If a financial institution is responsible for managing transactions related to money on someone&rsquo;s behalf, then it must comply with the legal requirement of holding an MTL.<\/p>\n<p>In the US, federal and\/or state laws determine which institution requires an MTL. It&rsquo;s usually issued by the <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-financial-crime-enforcement-network-fincen/">Financial Crimes Enforcement Network of the United States Department of Treasury (FinCEN)<\/strong><\/a>.<\/p>\n<p>The main objective of a money transfer license is the prevention of illegal activities such as <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-money-laundering/">money laundering<\/strong><\/a> and other financial crimes.&nbsp;<\/p>\n<p>In order to determine whether a money transfer license is required for your business, first, you need to find out if your company is legally considered a money service business (MSB). If you deal with transferring money from one place to another, chances are that your business falls under the money service business umbrella, and you should look into acquiring a money transfer license.<\/p>\n<p>When it comes to the crypto sector, the guidelines are not so clear as it depends on where the business is located at.<\/p>\n<p>In the US, only a few states exempt cryptocurrency companies from money transfer license requirements, and only a small number of countries around the world join this exemption as well.<\/p>\n<p>A cryptocurrency company can be considered a money service business if it offers services such as virtual currency exchange or transfer depending on the state the said company is operating in. If it&rsquo;s established that the company is an MSB, it will most likely require a money transfer license. In order to find out more information, make sure to check out your state or country's laws.&nbsp;<\/p>","definition":"is a legal requirement for money transmitters so their activities can be considered legal.","status":"published","meta_title":"What is Money Transfer License (MTL)? Definition & Meaning | Crypto Wiki","meta_description":"Money Transfer License (MTL) meaning: Money Transfer License (MTL) - is a legal requirement for money transmitters so their activities can be considered legal.","meta_keywords":null}" :model="{"id":512,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Money_transmitter","level":"easy","author_id":1,"created_at":"2023-06-19T06:59:00.000000Z","updated_at":"2023-11-21T18:42:18.000000Z","slug":"what-is-money-transmitter","title":"What is Money Transmitter?","section":"M","keyword":"Money Transmitter","content":"<p>A<strong> company that provides money transfer services <\/strong>is referred to as a money transmitter. In the US, money transmitters belong to a larger group of companies called money service businesses (MSBs).<\/p>\n<p>Talking about the crypto world, any company that deals with <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-cryptocurrency/">cryptocurrencies on a regular basis is perceived as a money transmitter. That&rsquo;s the case because cryptocurrencies are classified as a commodity under federal law in the U.S. and it falls under the jurisdiction of the <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-financial-crime-enforcement-network-fincen/">Financial Crimes Enforcement Network (FinCEN)<\/strong><\/a>.<\/p>\n<p>FinCEN confirmed that virtual currency and <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-fiat/">fiat money<\/strong><\/strong><\/a> are subject to the same money transmission legislation in a guidance document published in 2013, titled <a href=https://www.bitdegree.org/"https:////www.fincen.gov//resources//statutes-regulations//guidance//application-fincens-regulations-persons-administering/" target=\"_blank\" rel=\"nofollow noindex noopener\"><strong><em>Application of FinCEN's Regulations to Persons Administering, Exchanging, or Using Virtual Currencies<\/em><\/strong><\/a>.<\/p>\n<p>A money transmitter, according to FinCEN, is someone who provides money transmission services or participates in money transfers. Therefore, money transmitters include all <strong>companies that take cryptocurrencies from clients<\/strong> on behalf of merchants or exchange virtual currencies for fiat money.<\/p>\n<p>Note that the <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-banking-secrecy-act-bsa/">Bank Secrecy Act (BSA)<\/strong><\/a> applies to all crypto-related businesses, which means that they must seek a license in each state where they operate <em>(except if they are in the northwestern state of Montana)<\/em>. <strong>Payment processors<\/strong>, <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-exchange/">cryptocurrency exchanges<\/strong><\/a>, <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-bitcoin-atm-btm/">Bitcoin ATMs<\/strong><\/a>, and some <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-wallet/">cryptocurrency wallet<\/strong><\/a> providers are among the organizations that are subject to these legal obligations.<\/p>","definition":"a company that provides money transfer services.","status":"published","meta_title":"What is Money Transmitter? Definition & Meaning | Crypto Wiki","meta_description":"Money Transmitter meaning: Money Transmitter - a company that provides money transfer services.","meta_keywords":null,"author":{"id":1,"user_id":1,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2023-05-11T07:18:20.000000Z","title":"Editor-In-Chief","slug":"aaron-s-editor-in-chief","description":"<p>Having completed a Master&rsquo;s degree on Economics, Politics &amp; Culture for the East Asia region, Aaron has written scientific papers with a comparative analysis of the differences between US&rsquo; Western and Japan&rsquo;s Collective forms of capitalism, 1945-2020.<\/p>\n<p>With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He&rsquo;s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.<\/p>\n<p>Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain &amp; Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.<\/p>\n<p>Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.<\/p>","user":{"id":1,"first_name":"Aaron","last_name":"S.","email":"aaron@bitdegree.org","email_sanitized":"aaron@bitdegree.org","email_verified_at":"2023-12-01T09:40:20.000000Z","must_verify_email":false,"is_registered_with_wallet":false,"status":"active","country":"LT","last_connected_ip":"88.119.132.125","image_id":2641,"referral_token":"05TMu2NysXOCn525","referred_by":null,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2024-01-09T15:22:21.000000Z","full_name":"Aaron S."}}}" :chapter-list="[{"id":1,"title":"Blockchain","slug":"blockchain","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-blockchain.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/blockchain-101.jpg","rating":100,"sections":[{"chapter_id":1,"order":1,"slug":"what-is-blockchain","title":"What is the Blockchain?","status":"published","modified_content":null},{"chapter_id":1,"order":2,"slug":"decentralized-blockchain","title":"Anonymous & Decentralized Blockchains: The Cornerstone of Crypto","status":"published","modified_content":null},{"chapter_id":1,"order":3,"slug":"blockchain-transaction","title":"What is a Blockchain Transaction in Crypto?","status":"published","modified_content":null},{"chapter_id":1,"order":4,"slug":"crypto-fees","title":"The Different Types of Crypto Fees Explained","status":"published","modified_content":null},{"chapter_id":1,"order":5,"slug":"what-is-bridging-in-crypto","title":"The Key Notion Behind the Concept of Bridging in Crypto","status":"published","modified_content":null},{"chapter_id":1,"order":6,"slug":"types-of-blockchains","title":"Different Types of Blockchains: What to Look Out For?","status":"published","modified_content":null}]},{"id":2,"title":"Cryptocurrencies","slug":"cryptocurrencies","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-cryptocurrencies.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/cryptocurrencies-101.jpg","rating":100,"sections":[{"chapter_id":2,"order":1,"slug":"what-is-a-cryptocurrency","title":"What is a Cryptocurrency?","status":"published","modified_content":null},{"chapter_id":2,"order":2,"slug":"how-does-cryptocurrency-work","title":"How Does Cryptocurrency Work?","status":"published","modified_content":null},{"chapter_id":2,"order":3,"slug":"is-cryptocurrency-a-good-investment","title":"Is Cryptocurrency a Good Investment? The Pros & Cons","status":"published","modified_content":null},{"chapter_id":2,"order":4,"slug":"coin-vs-token","title":"Coin VS Token: How Do They Differ?","status":"published","modified_content":null},{"chapter_id":2,"order":5,"slug":"what-are-stablecoins","title":"What are Stablecoins, Altcoins & Wrapped Coins?","status":"published","modified_content":null},{"chapter_id":2,"order":6,"slug":"what-is-a-bitcoin","title":"Bitcoin: the Pioneer of the Crypto World","status":"published","modified_content":null},{"chapter_id":2,"order":7,"slug":"what-is-ethereum","title":"The Ultimate Blockchain for dApp Creation: Ethereum","status":"published","modified_content":null},{"chapter_id":2,"order":8,"slug":"what-is-cardano-in-crypto","title":"What is Cardano and What is It Used For?","status":"published","modified_content":null},{"chapter_id":2,"order":9,"slug":"what-is-shiba-inu-coin","title":"Shiba Inu: the Dogecoin Killer","status":"published","modified_content":null},{"chapter_id":2,"order":10,"slug":"what-is-solana-in-crypto","title":"Is Solana an Improved Version of Ethereum?","status":"published","modified_content":null},{"chapter_id":2,"order":11,"slug":"what-is-polkadot-in-crypto","title":"The Bridge Between Blockchains: Polkadot","status":"published","modified_content":null},{"chapter_id":2,"order":12,"slug":"what-is-polygon-in-crypto","title":"Polygon: the Essential Scaling Solution for Ethereum","status":"published","modified_content":null},{"chapter_id":2,"order":13,"slug":"what-is-luna-crypto","title":"The Bumpy Road of Terra (LUNA)","status":"published","modified_content":null},{"chapter_id":2,"order":14,"slug":"what-is-fantom-crypto","title":"Is Fantom (FTM) Yet Another Ethereum Killer?","status":"published","modified_content":null},{"chapter_id":2,"order":15,"slug":"what-is-aave-crypto","title":"Aave: Crypto Lending Trailblazer","status":"published","modified_content":null},{"chapter_id":2,"order":16,"slug":"what-is-algorand-crypto","title":"Did Algorand Truly Solve the Blockchain Trilemma?","status":"published","modified_content":null},{"chapter_id":2,"order":17,"slug":"what-is-olympus-dao","title":"Does Olympus DAO Have Anything to Do With Mythology?","status":"published","modified_content":null},{"chapter_id":2,"order":18,"slug":"what-is-avax","title":"Is Avalanche Network (AVAX) Rightfully Called the Future of DeFi?","status":"published","modified_content":null},{"chapter_id":2,"order":19,"slug":"what-is-monero-coin","title":"Monero: Where Cryptocurrency Meets Cryptography","status":"published","modified_content":null},{"chapter_id":2,"order":20,"slug":"what-is-ripple-xrp","title":"Is Ripple \"it\" When it Comes to Cross-Border Transactions?","status":"published","modified_content":null},{"chapter_id":2,"order":21,"slug":"practical-use-of-cryptocurrencies","title":"The Practical Use of Crypto","status":"published","modified_content":null}]},{"id":3,"title":"Crypto Exchanges","slug":"crypto-exchanges","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-crypto-exchanges.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/crypto-exchanges-101.jpg","rating":80,"sections":[{"chapter_id":3,"order":1,"slug":"how-do-cryptocurrency-exchanges-work","title":"How do Cryptocurrency Exchanges Work?","status":"published","modified_content":null},{"chapter_id":3,"order":2,"slug":"dex-vs-cex","title":"DEX VS CEX: Two Sides of the Crypto Exchange Industry","status":"published","modified_content":null},{"chapter_id":3,"order":3,"slug":"crypto-day-trading","title":"Crypto Day Trading: The Difference Between Buying, Trading, and Swapping","status":"published","modified_content":null},{"chapter_id":3,"order":4,"slug":"kyc-crypto","title":"KYC & AML: The Key to Complying With Legal Industry Standards","status":"published","modified_content":null},{"chapter_id":3,"order":5,"slug":"how-to-buy-crypto","title":"From Fiat to Crypto: How to Buy Crypto for the First Time","status":"published","modified_content":null},{"chapter_id":3,"order":6,"slug":"fiat-to-crypto","title":"Taking Profits: Turning Crypto Into Fiat","status":"published","modified_content":null},{"chapter_id":3,"order":7,"slug":"how-to-use-crypto","title":"You\u2019ve Got Crypto: What Can You Do With It?","status":"published","modified_content":null}]},{"id":4,"title":"Crypto Wallets","slug":"crypto-wallets","updated":false,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-crypto-wallets.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/crypto-wallets-101.jpg","rating":80,"sections":[{"chapter_id":4,"order":1,"slug":"what-is-a-crypto-wallet","title":"What is a Crypto Wallet?","status":"published","modified_content":null},{"chapter_id":4,"order":2,"slug":"hot-wallet-vs-cold-wallet","title":"Hot Wallet VS Cold Wallet: Which One to Pick?","status":"published","modified_content":null},{"chapter_id":4,"order":3,"slug":"non-custodial-wallet","title":"What are Non-Custodial Crypto Wallets?","status":"published","modified_content":null},{"chapter_id":4,"order":4,"slug":"what-is-metamask","title":"Metamask: The Leading Non-Custodial Wallet","status":"published","modified_content":null},{"chapter_id":4,"order":37,"slug":"how-safe-is-cryptocurrency","title":"The Key Crypto Wallet Safety Practices: How Safe Can Crypto Be?","status":"published","modified_content":null}]},{"id":5,"title":"NFTs","slug":"nfts","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-nfts.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/nfts-101.jpg","rating":100,"sections":[{"chapter_id":5,"order":2,"slug":"how-to-trade-nfts","title":"NFT Trading: The Ins and Outs","status":"published","modified_content":null},{"chapter_id":5,"order":3,"slug":"buying-nft","title":"Tips and Tricks of Choosing the Right NFTs","status":"published","modified_content":null},{"chapter_id":5,"order":4,"slug":"how-to-store-nft","title":"How to Store NFTs: Best Practices","status":"published","modified_content":null},{"chapter_id":5,"order":5,"slug":"how-to-create-an-nft","title":"How to Create Your Own NFTs?","status":"published","modified_content":null},{"chapter_id":5,"order":6,"slug":"how-to-make-passive-money-with-nft","title":"Making Passive Money with NFTs","status":"published","modified_content":null}]},{"id":6,"title":"dApps & Defi","slug":"dapps-and-defi","updated":true,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-dapps.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/dapps-defi-101.jpg","rating":80,"sections":[{"chapter_id":6,"order":1,"slug":"what-are-nfts","title":"What are Non-Fungible Tokens (NFTs)?","status":"published","modified_content":null},{"chapter_id":6,"order":1,"slug":"what-is-defi","title":"What is Decentralized Finance (DeFi)?","status":"published","modified_content":null},{"chapter_id":6,"order":2,"slug":"what-is-defi-2-0","title":"DeFi 2.0: The New Version of Decentralized Finance","status":"published","modified_content":null},{"chapter_id":6,"order":3,"slug":"what-are-dapps-in-crypto","title":"What Are dApps and How Do They Work?","status":"published","modified_content":null},{"chapter_id":6,"order":4,"slug":"defi-dapps","title":"Picking the Right dApps: Dos and Don'ts","status":"published","modified_content":null},{"chapter_id":6,"order":5,"slug":"what-is-web-3-0","title":"Web 3.0: The Future of the Internet","status":"published","modified_content":null},{"chapter_id":6,"order":6,"slug":"what-are-smart-contracts","title":"What is the Core Purpose of Smart Contracts?","status":"published","modified_content":null},{"chapter_id":6,"order":7,"slug":"what-is-a-dao-in-crypto","title":"The Notion of a Decentralized Autonomous Ogranization (DAO)","status":"published","modified_content":null},{"chapter_id":6,"order":8,"slug":"what-is-staking-in-crypto","title":"What is the Goal of Staking Crypto Assets?","status":"published","modified_content":null},{"chapter_id":6,"order":9,"slug":"what-is-liquidity-pool-in-crypto","title":"What is a Liquidity Pool and How Does It Work?","status":"published","modified_content":null},{"chapter_id":6,"order":10,"slug":"what-is-automated-market-maker","title":"Automated Market Maker: the Cornerstone of the Decentralized Crypto Exchange Industry","status":"published","modified_content":null},{"chapter_id":6,"order":11,"slug":"what-is-yield-farming-in-crypto","title":"The Main Yield Farming 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Cryptocurrencies?","status":"published","modified_content":null},{"chapter_id":7,"order":2,"slug":"how-to-invest-in-crypto","title":"Investing in Crypto: What Investing Options Do You Have?","status":"published","modified_content":null},{"chapter_id":7,"order":3,"slug":"ico-vs-ido","title":"ICO vs IDO vs IEO: Which One is the One?","status":"published","modified_content":null},{"chapter_id":7,"order":4,"slug":"what-is-an-airdrop","title":"What are Crypto Airdrops and How to Get Them?","status":"published","modified_content":null},{"chapter_id":7,"order":5,"slug":"how-to-get-free-crypto","title":"How to Get Free Crypto Assets?","status":"published","modified_content":null},{"chapter_id":7,"order":6,"slug":"how-to-arbitrage-crypto","title":"What is Crypto Arbitrage: The Main Principles","status":"published","modified_content":null},{"chapter_id":7,"order":7,"slug":"what-is-a-perpetual-contract","title":"Perpetual Contracts: Futures Contracts Without an Expiration Date","status":"published","modified_content":null},{"chapter_id":7,"order":8,"slug":"what-is-fud","title":"What is FUD: How to Use It to Your Advantage While Investing in Crypto?","status":"published","modified_content":null},{"chapter_id":7,"order":9,"slug":"investing-in-cryptocurrency","title":"Investing in Cryptocurrency: How to Manage Your Risks?","status":"published","modified_content":null},{"chapter_id":7,"order":10,"slug":"what-is-a-rug-pull-in-crypto","title":"What is a Rug Pull in Crypto?","status":"published","modified_content":null},{"chapter_id":7,"order":11,"slug":"how-to-avoid-rug-pulls-in-crypto","title":"How to Spot and Avoid Rug Pulls?","status":"published","modified_content":null},{"chapter_id":7,"order":12,"slug":"how-to-avoid-crypto-taxes","title":"The Key Legal Techniques of Avoiding Crypto Taxes","status":"published","modified_content":null}]},{"id":8,"title":"Crypto Analysis","slug":"crypto-analysis","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-crypto-analysis.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/crypto-analysis-101.jpg","rating":100,"sections":[{"chapter_id":8,"order":1,"slug":"what-is-bullish-and-bearish","title":"Bearish and Bullish Markets: Do They Matter?","status":"published","modified_content":null},{"chapter_id":8,"order":2,"slug":"best-technical-analysis-indicators-for-crypto","title":"5 Best Crypto Technical Analysis Indicators You Must Know About","status":"published","modified_content":null},{"chapter_id":8,"order":3,"slug":"what-is-candlesticks","title":"Technical Analysis: What are Candlesticks, Trendlines, and Patterns?","status":"published","modified_content":null},{"chapter_id":8,"order":4,"slug":"how-to-track-new-crypto-coins","title":"Crypto Tracking: How to Track Your Favorite Coins & Tokens?","status":"published","modified_content":null},{"chapter_id":8,"order":5,"slug":"how-to-research-crypto","title":"Crypto Research Fundamentals & Social Signals: Your Daily Trading Strategy","status":"published","modified_content":null},{"chapter_id":8,"order":46,"slug":"portfolio-diversification-definition","title":"Portfolio Diversification: The Whats, the Whys, and the Hows","status":"published","modified_content":null}]},{"id":9,"title":"Mining","slug":"mining","updated":false,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-crypto-mining.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/crypto-mining-101.jpg","rating":80,"sections":[{"chapter_id":9,"order":1,"slug":"what-is-crypto-mining","title":"Crypto Mining: What It is and How Does It Work?","status":"published","modified_content":null},{"chapter_id":9,"order":2,"slug":"what-is-a-mining-pool","title":"Mining Pools: Is Collective Mining Better Than Solo Mining?","status":"published","modified_content":null},{"chapter_id":9,"order":3,"slug":"what-is-staking-crypto","title":"An Advanced Look into What is Staking Crypto","status":"published","modified_content":null},{"chapter_id":9,"order":4,"slug":"what-is-proof-of-stake-vs-proof-of-work","title":"Proof-of-Work VS Proof-of-Stake: The Differences That Matter","status":"published","modified_content":null},{"chapter_id":9,"order":5,"slug":"what-is-crypto-mining-rig","title":"Crypto Mining Rig: What It is and How to Build One?","status":"published","modified_content":null}]},{"id":10,"title":"Crypto Terms","updated":false,"chapter":"crypto\/assets\/crypto-book\/chapters\/crypto-101-glossary.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/crypto-glossary-101.jpg","rating":100,"sections":["A","B","C","D","E","F","G","H","I","J","K","L","M","N","O","P","Q","R","S","T","U","V","W","X","Y","Z"]}]" current-chapter="M" current-section="what-is-money-transmitter">