Pennsylvania State Law's Take on Bitcoin Delayed
A number of hearings in the Pennsylvania state legislature to look into virtual currencies such as Bitcoin and their feasibility to be included in the “money transmitters” section of state law, has been cancelled due to budgetary issues, state representative Adam Harris revealed. Republican and state representative Adam Harris has provided interesting insight into a section of Pennsylvania state law under “money transmitters.” In a series of “goals” (a public reveal of important matters of state and the society) posted on local publication Herald-Mail Media, Harris spoke about virtual....
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The State of Pennsylvania may soon empower a task force that will monitor the operations of cryptocurrency brokers in the State. The Bill has appeared in the General Assembly, and the Legislature is already mulling over it. Related Reading | Elon Musk Hints At Bitcoin Renewable Energy Hitting The Benchmark The details of the Bill, […]
A legislative effort in Pennsylvania to update the state’s definition of money to cover digital currencies was reportedly stalled last year due to an ongoing budget impasse. In an interview with regional news source The Herald-Mail, state representative Adam Harris said that planned hearings on a bill filed last March fell to the wayside amid a budget dispute between the state legislature and Governor Tom Wolf. Harris said in the interview: “One interesting issue that the Commerce Committee has been working on is an update to the 'money transmitters' section of state law as it relates to....
The University of Pennsylvania confirmed today it still holds part of a $5 million donation it received earlier this year in Bitcoin.
The proposed crypto task force will examine the impact of crypto and digital currencies across the Commonwealth of Pennsylvania. A bill to establish a crypto task force in Pennsylvania has been introduced in the state’s General Assembly.According to the details of HB1724 published by LegiScan, the proposed crypto task force will be mandated to examine the potential impact of widespread crypto and digital currency adoption in the state.A moderately partisan bill introduced by eight Democratic and two Republican members of the General Assembly, the proposed legislation, if passed, will be....
CoinOutlet's ATMs will soon be inhabiting Pennsylvania. At 6:00 PM EST 11/14/14, Bitcoin ATM service Coin Outlet will officially open a Bitcoin ATM to the public at Four54 Grill in Lancaster, Pennsylvania. This is the first Bitcoin ATM in Pennsylvania. Coin Outlet CEO Eric Grill will be in attendance to showcase the new ATM and help people use it. Leigh Menkes, owner of Four54 Grill, pronounced that everyone should "come down to the best burger joint in town on Friday, and bring your Bitcoin wallet!" You can head out to the event tonight; it will be held at 6 PM EST at Four54 Grill, 454....