Regulators in Maryland, Nevada and Canada Weigh in on Bitcoin Debate

Regulators in Maryland, Nevada and Canada Weigh in on Bitcoin Debate

Two US states have issued new advisories and warnings on bitcoin, while Canada's tax authority has outlined its position on revenue from the cryptocurrency. The Nevada Department of Business and Industry, Financial Institutions Division, has issued consumer and investor guidance on digital currencies. Maryland's Department of Labour, Licensing and Regulation issued a warning on the risks associated with digital currencies, while Canada's tax authority issued more guidance on bitcoin activities and transactions. Of the three, the Canadian guidance is the most likely to have a direct and....


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