Court Rules Bitcoin Is a Form of “Money” Under Washington D.C. Money Transmitters Act
https://btcmanager.com/court-rules-bitcoin-money-washington-dc-money-transmitters-act/
IMO, this news could be huge news for the entire crypto community I think this will bring us one step closer to mass adoption. What do guys think?
Is this another factor why bitcoin recently make a great pump with ethereum>?https://btcmanager.com/court-rules-bitcoin-money-washington-dc-money-transmitters-act/
IMO, this news could be huge news for the entire crypto community I think this will bring us one step closer to mass adoption. What do guys think?
Washington is one of the popular state in US so the impact of this will grow bigger to stocks and also to crypto?
that day Bitcoin starts go wild and until now sustaining the $10,000-11,000
if other states follow washington ?then we are looking forward for the Bull here.
Yes it could be a big win for crypto but Bitcoin and other decentralized crypto projects don't need any centralized help to stay alive, this will only create for awareness and possibly more adoption, crypto will still survive without any help
What is the need for centralized coins?Just a state law that has been passed. Nothing to be excited about to be honest, but yeah it is a small step towards the total integration of crypto currencies into the monetary system. Putting crypto currencies under Washingtons money transmitter law means they are eventually looking forward to do something big with it. The biggest news is going to be the one where the country announces bitcoin as a legal tender 
. But, one thing, it is going to be regulated at full scale!
You know how important this is for the whole world,not only in crypto but in economy also.. But, one thing, it is going to be regulated at full scale!Laws against Bitcoin is really going anywhere so having this is a Win for us.