Tag: Florida

Judge Rules Bitcoin is Money in Coin.mx cases

A U.S. District Court judge ruled Monday that: “Wealth exchanged on the peer-to-peer Bitcoin network constitutes “funds” for the purpose of federal criminal law.” What this means for Anthony Murgio is that he can be tried on charges that he was in violation of federal law by operating his unlicensed monetary transit business. In a wider scope, it could mean a normal financial regulation for bitcoin, which would result in …
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