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26 November 2020

Louisiana State Senate to Consider Crypto Business Licensing Bill - CoinDesk

Louisiana State Senate to Consider Crypto Business Licensing Bill - CoinDesk


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Louisiana State Senate to Consider Crypto Business Licensing Bill.

The Louisiana State Senate is about to consider a bill to regulate and license virtual currency businesses.

Registrants licensed by states with comparable regimes would not need a Louisiana license under the bill.

Andrew Hinkes, a lawyer with Carlton Fields, said the 2020 bill appears to derive from the Virtual Currency Business Act (VCBA), a licensure regime by the non-partisan Uniform Law Commission (ULC). .

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