Sentences with phrase «additional money transmitter»

from those states that either do not require additional Money Transmitter License from Bitcoin companies, or those who are only in process of developing Bitcoin regulation policies.

Not exact matches

The current Governor, Roy Cooper, signed HB 229 into law July 12, 2017 which defines virtual currency traders as money transmitters required to obtain a license and imposes additional insurance requirements on virtual currency transmitters.
Bitcoin exchanges could also be considered money transmitters and be required to follow additional regulations under state law.
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