New Hampshire Governor Signs Bill Exempting VCB's From Money Transmitters License

We have come full circle. New Hampshire used to be a "gray area" before December of 2015 when we discovered a sneaky bill had slipped under the noses of free-stater's that prohibited organizations from selling bitcoin on January 1st, 2016 in New Hampshire or to its residents.

Fast forward a year later and copious events in-between and New Hampshire passed bill HB-436 exempting bitcoin businesses from the requirement of obtaining a money transmitters license from the state to sell bitcoin.

Unless, that is, they are actually transmitting money as a business, which nobody selling bitcoin thinks they are doing as a business so this is a great fit!

New Hampshire Governor Sununu signed the bill on June 1st and it goes into affect on August 1st, 2017. Two months. 60 days. That's all it will be before New Hampshire has full redemption and will once again be a bitcoin friendly jurisdiction again.

Here that date is again: August 1st, 2017 

This just goes to show that if you make some noise, those behind a reasonable cause, and present a good argument, lawmakers will listen and take it under consideration.

We are pleased to report this and overwhelmingly satisfied with the outcome, after all ... we started allot of that noise.

Congratulations New Hampshire. Well done.

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Article by dinbits

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