Will America Follow Washington State’s Lead and Classify Bitcoin as ‘Money

Over the past couple of months, numerous central banks and national regulators have issued warnings against the use of bitcoin and other digital currencies.

The US has not clamped down on bitcoin yet, though there are a number of restrictions hampering the adoption of digital currencies in the US. These include restrictive FinCEN rules, regulatory ambiguity and lack of a coherent policy at federal level.