North Carolina Shrugs as Lawmakers Define Bitcoin

Das

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Quote from: botany on July 09, 2016, 03:15:18 AM

It would be better to have national guidelines on crypto currencies, rather than have different states follow different approaches.

That is so true. Someone might leave North Carolina and move to another state without knowing the bitcoin laws there are different. He might land himself in trouble if care is not taken...

GreenBits

legendary

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I live here. Good for the State, as there is actually a decent amount of bitcoin infrastructure in the Research Triangle. I think they are trying to get Duke and UNC Chapel Hill to be at the forefront ofbitcoin/blockchain development and research, rather than MIT. Would attract alot of btc venture capital, and with the transexual bathroom thing still in play, I don't think NC is turning down anyone that wants to bring business. Charlotte lost a lot of potential revenue with all that, taxes that could be used for general shit like roads and bridges and aggro cops.

You ever notice the majority of kooky reality television participants come from the Carolinas? Just some food for thought.

botany

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Quote from: European Central Bank on July 08, 2016, 05:19:59 PM

i wonder what the compliance bill's gonna be when every state has proper legislation for crypto. you'd hope it would be less than it is now as that should be the point. i'm not super sure it will be.

It would be better to have national guidelines on crypto currencies, rather than have different states follow different approaches.

European Central Bank

legendary

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i wonder what the compliance bill's gonna be when every state has proper legislation for crypto. you'd hope it would be less than it is now as that should be the point. i'm not super sure it will be.

Posternut

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Typically they slip in the friendly "defining" then comes the stifling regulations. Gotta pay the piper.

Btcvilla

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Anything is better than BitLicense... All BitLicense has done is moved companies out of New York. Lets just hope nothing bad happens for North Carolina.

Velkro

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Quote from: calkob on July 08, 2016, 02:53:11 PM

sound like a great thing for Bitcoin and other Altcoins ..... Grin

Maybe, but as soon regulators getting hands on bitcoin im shaking. They are so behind in technology that they would almost for sure produce some rubbish law which will affect bitcoin bad way :|

calkob

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sound like a great thing for Bitcoin and other Altcoins ..... Grin

Posternut

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Merit: 10

New cryptocurrency legislation was passed into law North Carolina by Governor Pat McCrory. Signed on July 6, the “Money Transmitters Act” defines virtual currencies as permissible investments, electronic and digital mediums, and digital records.

https://news.bitcoin.com/north-carolina-shrugs-define-bitcoin/

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