As how to invest bitcoin noted by a spokesperson for the North Carolina’s Commissioner of Banks at the time, the bill – which amends the state’s Money Transmitters Act – covers double bitcoins any activity “involving a personal, family or household purpose bitcoin
The bill was framed as an effort to make the agency’s bitcoin HYIP Monitor, oversight of the digital currency sector more robust, as it believed existing statutes already outlined how it would go about supervising such activities.