[2016-08-06] ET: Bitcoin not money, judge rules in US

[polynesia]

Bitcoin not money, judge rules in US

http://cio.economictimes.indiatimes.com/news/internet/bitcoin-not-money-judge-rules-in-us/53571818

Bitcoin, a Florida judge says, is not real money. Ironically, that could provide a boost to use of the crypto-currency which has remained in the shadows of the financial system.

The July 22 ruling by Miami-Dade Circuit Judge Teresa Pooler means that no specific license is needed to buy and sell bitcoins.

The judge dismissed a case against Michel Espinoza, who had faced money laundering and other criminal charges for attempting to sell $1,500 worth of bitcoins to an undercover agent who told the defendant he was going to use the virtual money to buy stolen credit card numbers.