North Carolina passes very “crypto friendly” bill for businesses

in #esteem6 years ago

Source: https://www.cryptofinancenews.com/2018/06/20/north-carolina-banking-bill-passes-adds-virtual-currency-license-requirements/

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It appears that North Carolina is joining the list of crypto friendly states with recent passage of House Bill 86.

What is House Bill 86? What does it do for businesses?

In simple language it appears that the state is trying to provide a “broad adoption” of using crypto currency for money transmission that is consistent with regualtions.
This is a proactive approach.
It’s a business friendly approach.
It is giving businesses the rules and regualtions so that they can move forward with crypto business development.

North Carolina and Charlotte are home to many leading banks (Bank of America HQ’s).

It’s move like this that are positve for cyrpto’s and will set states apart from each other.

The Bill sits on the Govenor’s desk for signature.

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