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Thursday, March 16, 2017

New Hampshire Legislators to Completely Deregulate Bitcoin, House Approved Bill

New Hampshire Legislators to Completely Deregulate Bitcoin, House Approved Bill

On March 9, New Hampshire’s House of Representatives passed a bill that goes one step closer towards effectively exempting persons using virtual currency from registering as money transmitters.

New Hampshire is considered one the world’s most Bitcoin-friendly states.

According to the New Hampshire General Court Bill Status System, House Bill 436 has already been passed and adopted with an amendment by the House of Representatives and it is currently waiting for the Senate to grant the final approval of the bill.

If approved by the Senate, HB 436 will free every user of Bitcoin and other digital currencies within New Hampshire from money transmission regulations, which may allow businesses such as Bitcoin exchanges within the state to operate without strict Know Your Customer (KYC) and Anti-Money Laundering (AML) systems.

Full story at http://bit.ly/2mbnmm6

 

 

 

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