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Author Topic: North Carolina Senate Approves Bitcoin Bill  (Read 273 times)
Actor_Tom_Truong
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June 29, 2016, 04:46:50 AM
 #1

North Carolina Senate Approves Bitcoin Bill

http://www.coindesk.com/north-carolina-bitcoin-bill/

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June 29, 2016, 05:39:37 AM
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I wonder how this will affect Bitcoin in that region. Does anyone have any better insight in this bill? Should it be considered a positive or negative? However, it seems that there's still a chance for it to get rejected:
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The bill isn't enshrined in law yet, however. Once passed by both chambers, the bill will then be sent to Governor Pat McCrory for consideration.


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Kakmakr
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June 29, 2016, 07:42:46 AM
 #3

It is a negative thing in my books, just like the BitLicense in New York had a negative impact on Bitcoin in that state. They put barriers for people to operate and to enter the scene and they profit from the fees being charged. This is only good for them :

" The state of North Carolina charges $1,500 to apply for a money transmitter license in addition to a base amount of at least $5,000 for an annual assessment. "  Nice, right?

The only direct result of this is that Bitcoin companies move away from these states and then setup operations in another state that are more Bitcoin friendly. ^hmmmmm^

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