New Hampshire governor John Sununu signed House Bill HB436 on Friday. The bill provides bitcoin with clear protection from debilitating and Orwellian regulations. The bill states that anyone who uses a “virtual currency” is exempt from having to register as a money transmitter. This is important news for a State that vouches for being one of the freest places to live in the U.S.John did us all a big favor. Remember, powers not granted default to the state, he has the right to do this. The Feds will still get there, via the commerce clause, but they will be second place in line, unless they work the smart contract layer.
I say John did New Hampshire a favor, this is a very nice place to build trading pit infrastructure. The state could become Crypto Valley.
No comments:
Post a Comment