North Carolina Bill will be ‘Amended’ To Make BTC Businesses Comply

By May 26, 2015Bitcoin Business

A bill placed before the North Carolina Senate could see the Old North State implement mandatory licensing for companies operating with digital currency. Lawmakers surrounding Bill H289 , which passed the House earlier this month, say it is centered on security and consumer protection and aims to ensure companies adhere to know-your-customer (KYC) requirements.

Local publication Citizen-Times cited Banking Commissioner Ray Grace, who called for legislation to be brought forward: “There’s two sides to the […]

Leave a Reply

All Today's Crypto News In One Place