NH Representative Pushes Back on Virtual Currency Regulation

New Hampshire Representative Daniel Tamburello introduced legislation to exempt virtual currency users from Licensing of Money Transmitters. This legislation is similar to the Model Legislation I proposed on this blog in August of last year. Another proposal before the New Hampshire legislature would “requir[e] the state treasurer to develop an implementation plan for the state […]

Hands off Bitcoin: Model Legislation

The New York Department of Financial Services (NYDFS) last month rolled out a proposal to regulate “virtual currency businesses” worldwide if the company had at least one customer within the Empire State. In response, the Intergalactic Bit License was created, with Davi Barker stating, “we can laminate stuff, too.” Also in response to this proposal […]

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