“It’s Virtually Money!” Federal Judge Rules ”Bitcoins” Qualify As Money

By | eSQUIRE Global Crossings | September 26, 2016
“It’s Virtually Money!” Federal Judge Rules ”Bitcoins” Qualify As Money

In the latest opinion to wrestle with the question of whether virtual currency should be considered money, Judge Alison Nathan in the U.S. District Court for the Southern District of New York found that for the purposes of a federal anti-money laundering statute, “bitcoins” qualify as money.

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