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thenewgreen · 3589 days ago · link · · parent · post: Bitcoin Regulation Bill Approved by California State Assembly
mk, ecib It says that the companies will be regulated as if they're banks. I'm not sure what that entails. $5000k is not that big of a barrier to entry, but when you have to pay that in 50 states... Now we're talking a quarter of a million. Add in the legal fees associated with a state by state registration and you're closer to $1m. Thoughts?Just last month, North Carolina's House of Representatives approved a bill calling for specific digital currency regulation. Similarly to California's bill, House Bill 289 is currently undergoing review in North Carolina's Senate.