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09-21-2016, 09:51 PM
A New York judge says bitcoin is money, two months a Florida judge ruled it wasn't
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The legal debate over bitcoin is getting tricky across state lines.*
Is bitcoin money? A judge in New York on Monday ruled it is (http://www.reuters.com/article/us-jpmorgan-cyber-bitcoin-idUSKCN11P2DE).*
The ruling followed an opposite conclusion (http://mashable.com/2016/07/27/bitcoin-currency-florida-judge/#CFsvmZ1G5iqo?utm_campaign=&utm_context=textlink&utm_medium=rss&utm_source=) in Florida in July. A judge in that state dismissed charges of illegally transmitting and laundering $1,500 in bitcoin on the grounds that bitcoin wasn't a currency.*
This time around, US District Judge Alison Nathan declined to dismiss charges against *Anthony Murgio for operating an unlicensed bitcoin exchange. Murgio had argued to have his charges dismissed because bitcoins did **t qualify as "funds" **ted in federal law forbidding unlawful money transmitting, according to Reuters (http://www.reuters.com/article/us-jpmorgan-cyber-bitcoin-idUSKCN11P2DE).* Read more... (http://mashable.com/2016/09/21/bitcoin-money-new-york/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
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The legal debate over bitcoin is getting tricky across state lines.*
Is bitcoin money? A judge in New York on Monday ruled it is (http://www.reuters.com/article/us-jpmorgan-cyber-bitcoin-idUSKCN11P2DE).*
The ruling followed an opposite conclusion (http://mashable.com/2016/07/27/bitcoin-currency-florida-judge/#CFsvmZ1G5iqo?utm_campaign=&utm_context=textlink&utm_medium=rss&utm_source=) in Florida in July. A judge in that state dismissed charges of illegally transmitting and laundering $1,500 in bitcoin on the grounds that bitcoin wasn't a currency.*
This time around, US District Judge Alison Nathan declined to dismiss charges against *Anthony Murgio for operating an unlicensed bitcoin exchange. Murgio had argued to have his charges dismissed because bitcoins did **t qualify as "funds" **ted in federal law forbidding unlawful money transmitting, according to Reuters (http://www.reuters.com/article/us-jpmorgan-cyber-bitcoin-idUSKCN11P2DE).* Read more... (http://mashable.com/2016/09/21/bitcoin-money-new-york/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
More about Blockchain (http://mashable.com/category/blockchain/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Businss (http://mashable.com/category/businss/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), New York (http://mashable.com/category/new-york/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Bitcoin (http://mashable.com/category/bitcoin/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial) http://pubads.g.doubleclick.net/gampad/ad?iu=/6692/mash.to/rss&pos=atf&tag=ad&mtype=standard&type=rss&sz=300x250&c=1474480530 (http://pubads.g.doubleclick.net/gampad/jump?iu=/6692/mash.to/rss&pos=atf&tag=ad&mtype=standard&type=rss&sz=300x250&c=1474480530)
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