The EFF argued in its opposition to the bill that the state’s definition of a “virtual currency business” was still “overbroad”. This comes in spite of supporting filings from digital currency advocacy groups like how to invest in bitcoins, which has argued the wording legit bitcoin hyip implements its preferred definition of custody.
The EFF, however, suggested that smart contracts, or agreements automated using blockchain-based technologies, could Invest Bitcoins hyip make custody frameworks more complex, as such arrangements could involve multiple parties.
“The vague language of the bill will leave those in the virtual currency space unclear about their obligations and may also deter those who are thinking about getting involved in the nascent industry,” the EFF wrote.
The EFF, however, suggested that smart contracts, or agreements automated using blockchain-based technologies, could Invest Bitcoins hyip make custody frameworks more complex, as such arrangements could involve multiple parties.
“The vague language of the bill will leave those in the virtual currency space unclear about their obligations and may also deter those who are thinking about getting involved in the nascent industry,” the EFF wrote.