North Carolina Taking Different Approach To Regulating Virtual Currencies, No BitLicense RequiredGovernments and lawmakers across the world are racing to establish virtual currency regulations and guidelines under the guise of consumer protection. So far New York has taken the lead by proposing sweeping and heavy-handed legislation in the form of the NYDFS BitLicense proposal.
The North Carolina Commission of Banks (NCCOB), which is the primary state regulator for financial regulation in N.C., recently revealed that while it is working with government agencies and private stakeholders to establish regulations, their approach is different than the New York BitLicense model.
Read more at:
http://coinfinance.com/news/north-carolina-taking-different-approach-to-regulating-virtual-currencies
