By Rachel Stankowski As a nascent technology, regulation surrounding bitcoin has been a difficult issue for some regulators and policymakers. Despite these difficulties, North Carolina is a state that is promoting innovation and regulatory efficiency into its regulatory framework via the next generation of its Money Transmitters Act (“MTA”), introduced to the NC legislature last month. Reasonable states can disagree on whether regulation of certain virtual currency businesses is necessary in the first place, and if it is necessary, how to implement that regulation and with respect to whom. But to the extent states view money transmission regulation (or similar substitutes) as the …read more
Source:: http://blog.coinbase.com/2015/04/16/sensible-state-regulation-north-carolina/