Bitcoin transactions not only because of the ban on marijuana legislation, the financial sector is not prohibited

Bitcoin transactions not only because of the ban on marijuana legislation, the financial sector is not prohibited

Recently, the U.S. state of Washington for a bitcoin trading ban on marijuana use did not get through.

According to foreign media sources said that ban the use of cannabis ban bitcoin transactions in the document mentions that the prohibition of the use of virtual currency transactions including marijuana, virtual currency bitcoin. But in the end the ban did not get through the local legislative committee.

Senator bitcoin impression of a negative bias

The purpose is to prevent the transaction from the ban on marijuana control, because the anonymity of bitcoin transactions will increase the difficulty of tracking buyers, it could encourage marijuana. Foreign media said the senators know bitcoin is in favor of a bad impression. “When I see bitcoin in the international media, I saw the transnational drug trade, as well as a way to bypass currency controls.”

However, the Senate view is not by the ban to bring substantial help. Several U.S. government agencies did not recognize the ban. A professional engaged in hemp industrialization of the company has started to support bitcoin payment transactions.

The financial sector is not prohibited

The United States said alcohol and marijuana marijuana control board, the enterprises have already got the production license, they can accept and deal with bitcoin transactions. The control board believes that the financial sector is the means of payment terms, they need to refer to the views of the financial sector. The financial department said OK, the control board is OK.

Cash is more difficult than bitcoin tracking

The United States bitcoin payment transactions, lawyers believe that bitcoin transactions actually easier to track than cash transactions. Because of the block chain clearly documented bitcoin flows from whom, but cash transactions will not tell you who once held the cash. American law enforcement agencies to track cash transactions seem to have no good way.

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