Bitcoin Sales Now Prohibited In the State of New Hampshire

Dinbits News
Dec. 08, 2015

If you haven't finalized your Christmas list, you might want to add bitcoin as a priority item if you reside in the State of New Hampshire in the United States. Effective January 1st, 2016, it will be illegal to sell bitcoin without a traditional money transmitters license.

A money transmitters license is what corporations like Western Union, Ria, and MoneyGram are required by many state regulations to obtain for legal transfer of United States currency to and/or from individuals and legal entities residing in that state. Two famous examples of similar regulatory guidance or licensing requirements are those of Texas and New York.

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