Houman B Shadab is a teacher of law at New York Law School. Here, he discusses exactly what itBit's current banking law charter implies for other digital currency exchanges running in the US and beyond.
Because their beginning, bitcoin exchanges have run under a fog of legal unpredictability. Just one day after the New York-based exchange itBit announced it had actually gotten a banking law charter giving it the capability to operate in all 50 states, a California official called that into question.Continue reading at
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