Published on April 21st, 2017 | by bitcoin0
Bitcoin Msb Exemption Awaits Approval From the Governor of New Hampshire
Senators in New Hampshire have passed a bill that would exempt digital currency traders from money transmission regulations, advancing the measure to the state’s governor for signature.
HB436, first filed in mid-January, aims to create an exception from money transmission requirements for “persons conducting business using transactions conducted in whole or in part in virtual currency”.
When reached, Senate representative told CoinDesk the bill earlier today passed by a 13-10 vote, and it now goes to Governor Chris Sununu for signature.
During a hearing earlier this month, representatives from both the New Hampshire Banking Department and Department of Justice argued against the bill.
New Hampshire State House image via Shutterstock