New Hampshire governor signs a bill into law that exempts Bitcoin traders from money transmission regulations

posted 4 months ago
The governor of New Hampshire has signed a bill into law that exempts digital currency traders from the state's money transmission regulations.

Public records show that Gov. Chris Sununu signed measure on 2nd June, more than a month after the state's legislature completed work on the bill. The measure was first introduced in January.

According to the text of the bill, the new rules exempt "persons conducting business using transactions conducted in whole or in part in virtual currency" from the state's money transmitter regulations.

The newly-signed bill also stands out for what is effectively deregulation for the state's trader community, whereas other states have looked to beef up rules for those who engage in similar activities.

The law goes into effect on 1st August.

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