North Carolina House Seeks Oversight of Bitcoin Activities

By May 21, 2015Bitcoin Business

House Bill 289 A bill calling for specific regulation of digital currencies such as bitcoin has been approved by the North Carolina House of Representatives and has moved to the state Senate for further deliberation.

House Bill 289 seeks to enact a new Money Transmitters Act (MTA), which would specifically address the transmission of virtual currencies such as bitcoin.

It was submitted by Republican Representative Stephen M. Ross, who outside of his capacity as a state representative […]

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