Bitcoin Is a Form of Money in DC, Federal Court Rules

Bitcoin Is a Form of Money in DC, Federal Court Rules

(Tingey Injury Law Firm/Unsplash)

Bitcoin is a form of “money” covered under the Washington, D.C., Money Transmitters Act, a federal court Friday.

Update (July 24, 17:13 UTC): This article has been updated with a comment from Coin Center.
Update (July 24, 17:29 UTC): This article has been updated with background information on U.S. v. Harmon.
Update (July 24, 19:41 UTC): This article’s headline has been updated to further clarify the decision applies to money transmission in D.C.

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