“Lawyers for the two men recently arrested in Miami for engaging in ‘too-large’ bitcoin transactions are claiming that the men’s actions were legal because state law covers only money issued by the US or another country. Many in the bitcoin community are hopeful that this argument is persuasive, seeing money laundering laws as an attempt to regulate thoughtcrime in finance. Others also argue that citizens do not currently owe the state of Florida any kind of explanation for why they want to buy or sell bitcoin.”
http://www.coindesk.com/will-floridas-money-laundering-laws-apply-bitcoin/
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