Why legal US cannabis businesses can’t use banks
Cannabis is legal in nearly two-thirds of American states, but many legal marijuana businesses are forced to operate without a bank account.
California became the largest state in the US to legalise recreational cannabis use on 1 January 2018, but because at a national level it's still illegal any bank that handles cannabis money can be charged with money laundering.
http://www.bbc.com/news/av/newsbeat-43200497/why-legal-us-cannabis-businesses-can-t-use-banks
Cannabis is legal in nearly two-thirds of American states, but many legal marijuana businesses are forced to operate without a bank account.
California became the largest state in the US to legalise recreational cannabis use on 1 January 2018, but because at a national level it's still illegal any bank that handles cannabis money can be charged with money laundering.
http://www.bbc.com/news/av/newsbeat-43200497/why-legal-us-cannabis-businesses-can-t-use-banks
Is this bad news
Hopefully potcoin is not affected by all the bad news and continue this project gradually. No, because it's always been that way. It's not news as it's been talked about for years already.
Legal cannabis use will explode once CA will start around August. (They legalized it (federally)a while back but their infrastructure has not figured out how to implement it's use, sales, taxing, etc.. That's where an already established and used crypto with fast and cheap confirmations will shine. AKA, PotCoin.
what a pity to wait so long,but I hope interested people will join the project and we 🚀
Wait long!?!? Investments usually take long. People that expect 100x increases in crazy short times are who are ruining crypto.
Yes, it is true! Today's crypto trading is different from the old one.
If I used to be able to get profit many times with only 1 hour. This is very cool.
