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Pennsylvania implies Bitcoin is not money, exempts BTC ATMs from transmitter law

Pennsylvania implies Bitcoin is not money, exempts BTC ATMs from transmitter law

Michael Dupree January 25th, 2019 59
The state of Pennsylvania has stated that Bitcoin ATMs are not subject to the Money Transmitter Act. This according to the east coast state’s Department of Banking and Securities. The recently released document does not require any sort of licensing to provide services in Pennsylvania

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