[ad_2][ad_1] In the United States, both federal and state laws classify cryptocurrencies at various levels. Many states are friends of the new sector, while others are not so comfortable with its citizens investing in an unregulated financial sector. Texas, which believed to be one of the friendly states to blockchain …
Read More »Stablecoin issuers may need licenses in Texas, unlike most of Crypto's startups
[ad_2][ad_1] Stablecoin can qualify as "money" according to the Texas law, according to the updated guidelines of the Bank's State Department. A memorandum published Wednesday by the Texas Banking Commissioner, Charles Cooper, illustrates how cryptocurrencies should be treated according to local and federal regulations, in particular adding details on how …
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