North Carolina Bitcoin Bill Forces Companies To Put Up Hefty Bond – Bitcoints


Published on July 19th, 2015 | by bitcoin


North Carolina Bitcoin Bill Forces Companies To Put Up Hefty Bond

In the United States, however, several regulatory actions are under way already, and a Bitcoin Bill for the state of North Carolina has come one step closer to completion.
The North Carolina Bitcoin BillIn May of 2015, the Bitcoin Bill was passed in the North Carolina House of Representatives.
Late last night, news broke that the bill has received a stamp of approval, bringing the world one step closer to regulatory and legislative action against digital currency in North Carolina.
Assuming the North Carolina Bitcoin Bill would come to pass and be signed by Governor Pat McRory, the bill would mandate a minimum net worth requirement of US$250,000 for applicants.
Government officials in North Carolina are taking things to a new and steep level, by asking companies to put up a massive bond of US$150,000.
It will be interesting to see whether or not the North Carolina Bitcoin Bill passes, and what the reaction by the Bitcoin community will be.

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