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BTC about to become legal currency in NY

http://www.coindesk.com/new-york-acc...ncy-exchanges/

Quote:

New York?s Superintendent of Financial Services, Benjamin M. Lawsky, has issued a public order that confirms the state is now accepting applications for digital currency exchanges.

Perhaps most notably, however, was that Lawsky indicated that these businesses will be regulated under new New York regulation, which he committed to having in place by the end of the second quarter of 2014.

In his remarks, Lawsky struck his usual balance of at once recognizing the promise of digital currencies and stressing that related business activities need to be conducted in a responsible and lawful manner.

Price will only go up once this hits the mainstream media...

Quote:

Originally Posted by Wellness Cash (Post 20011854)

http://www.coindesk.com/new-york-acc...ncy-exchanges/

Price will only go up once this hits the mainstream media...

digital currencies, not only bitcoins
also i doubt it is legal

BTC is really a digital currency? I mean yet?

I'm pretty sure this is a federal issue... Not a state issue at all. They still have to comply with all federal laws that are applicable