A New York judge says bitcoin is money, two months a Florida judge ruled it wasn't

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A New York judge says bitcoin is money, two months a Florida judge ruled it wasn't

A New York judge says bitcoin is money, two months a Florida judge ruled it wasn't

The legal debate over bitcoin is getting tricky across state lines.*

Is bitcoin money? A judge in New York on Monday ruled it is.*

The ruling followed an opposite conclusion 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.* Read more...

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