Bitcoin

Texas Joins New York in Regulating Money Transmitters, Including Bitcoin Exchangers, Administrators

Texas and New York, like peaches and cream!

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As of May 1, the state of Texas became the second US state to explicitly require foreign-located money transmitters (including Bitcoin exchangers and administrators) to obtain a state money transmitter license if their customers are residents of Texas.  The state of New York had taken a similar stance back in March of 2011.

h/t np complete