Will America Follow Washington State’s Lead and Classify Bitcoin as ‘Money’?


The New York Department of Financial Services (NYDFS) plans to hold public hearings on the regulation of digital currencies on January 28th and 29th.

California is a bit more liberal. It requires digital currency companies that transmit money to obtain licenses from the Department of Business Oversight. However, there are still a number of questions that remain unanswered.

via Will America Follow Washington State’s Lead and Classify Bitcoin as ‘Money’?.

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