Senate, legislatures, and parliaments around the world have had many different approaches to handling Bitcoin. Many see a money grab avenue for taxation, while others criminalize it out of fear of competition. New Hampshire is officially moving towards liberating Bitcoin users from state regulations. Problems for Bitcoin use, by rule of law, have developed around the 2016 federal, not state, regulations by FinCEN that Bitcoin users and exchangers are “money transmitters” and need to register as “money services businesses.”
Article
