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North Carolina may become the latest state to take an affirmative legislative stance on bitcoin regulation. The proposed bill advancing through the state senate would amend existing (and antiquated) money transmission law, imposing regulations which would disproportionately impact bitcoin startups. This includes a $250,000 minimum...

Pending regulatory legislation in California was recently amended to include a provisional license to applicants with less than $1 million in outstanding obligations. This added language appears to be a major victory for the bitcoin ecosystem which has long argued for a provisional or bridge...

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