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Author Topic: [2016-09-07] Florida Senator Drafting Bill That Could Recognize Bitcoin as Money  (Read 142 times)
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September 07, 2016, 10:35:58 AM

A Florida state senator is drafting legislation that could see bitcoin recognized as money in the US state.

Senator Dorothy Hukill says that while in the early stages, the draft legislation will seek to balance protections for consumers and startups. The effort carries additional weight given that a Florida judge tossed out charges in a criminal case earlier this year on the grounds that bitcoin doesn't fit the state's definition of money transmission.

Hukill, a Republican who represents Florida's eighth district and serves as chair of the Finance & Tax Committee, suggested that the particulars of the bill – the first of its kind in Florida – are still being developed.

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