[2015-06-05]DMT - Wyoming BTC Regulation Forces Holding of Redundant Fiat Money

[jdebunt]

http://digitalmoneytimes.com/crypto-news/wyomings-bitcoin-regulation-forces-companies-to-hold-redundant-fiat-currency-balances/

The world of Bitcoin and digital currency is plagued by regulatory uncertainty in certain parts of the world.  The United States, in particular, could prove to be a rather difficult market to get into if businesses are not offering their services there already. Every individual state may regulate Bitcoin differently, which will harm business in the long run. The state of Wyoming is causing many concerns for Bitcoin-related businesses right now.