Quote from cryptocoinsnews.com:
"Florida lawmakers want virtual currencies like Bitcoin covered under the state’s money-laundering statute, a change that supporters claim would ensure criminals cannot use Internet-based currencies to conceal financial activities, according to The Miami Herald. Law enforcement officials support the measure but some bitcoin enthusiasts say it will undermine Bitcoin.
The proposed law was crafted by Miami-Dade cybercrime prosecutors after a judge threw out charges against a man accused of selling $1,500 in bitcoins to buy stolen credit card numbers on the Internet.
Miami-Dade State Attorney Katherine Fernandez Rundle said high-tech criminals use virtual currencies to hide their illegal activities. The proposed law ensures fraudsters and traffickers cannot use Internet-based currencies to conceal and transfer illegal profits."
Full article here:
https://www.cryptocoinsnews.com/florida-lawmakers-want-bitcoin-covered-money-laundering-law/
