Topic: State law makes it difficult to use Bitcoin in Wyoming? - page 2. (Read 2179 times)
State laws are state laws. Has nothing to do with Bitcoin, some state laws are outdated and need to be revamped all the time to meet new regulations and such. Good read, but Wyoming will have to come around soon enough.
Quote
State law makes it difficult to be a Coinbase customer while living in Wyoming, Bitcoin works just fine.
Read the article again, "it make it almost impossible to use Bitcoin for a transaction from Wyoming, which could be a problem because the currency is on the rise." This sounds pretty damning to using Bitcoin at all, for transactions at least! Hodling seems to still be OK though.
A San Francisco-based company that creates online accounts for people with Bitcoin is dropping Wyoming customers due to what it's calling impractical state law.
[...]
Coinbase, a company that creates accounts on which customers can store their bitcoins or transfer them to other people or businesses, recently sent emails to Wyomingites, saying they had 30 days to close their accounts, because state’s law is impractical for doing business.
[...]
http://trib.com/news/state-and-regional/govt-and-politics/critics-state-law-makes-it-difficult-to-use-bitcoin-in/article_60af7604-4a98-57d3-ae87-14d4928c9920.html
[...]
Coinbase, a company that creates accounts on which customers can store their bitcoins or transfer them to other people or businesses, recently sent emails to Wyomingites, saying they had 30 days to close their accounts, because state’s law is impractical for doing business.
[...]
http://trib.com/news/state-and-regional/govt-and-politics/critics-state-law-makes-it-difficult-to-use-bitcoin-in/article_60af7604-4a98-57d3-ae87-14d4928c9920.html
Jump to: