North Carolina Bitcoin Law Arrives with Side-Effects, Experts Say

Recent North Carolina Bitcoin law is a step in the right direction, leaving room for improvement but may arrive with its own side-effects.
On July 6 2016, the Governor of North Carolina, Pat McCrory, signed a long-debated Bitcoin bill into law. This bill expands the state’s Money Transmitters Act to cover activities related to Bitcoin and other Blockchain-based digital currencies.
Cointelegraph asked experts about their take towards this development of how the bill could affect Bitcoin acceptance, its development and that of other cryptocurrencies.
Good step forward for Bitcoin
Lisa Cheng, Founder at Vanbex group, sees this development as a good step forward for Bitcoin. However, she insists that there is still a lot of room left for cryptocurrencies to achieve the full legislative potential.
Cheng explains:

This post was published at Coin Telegraph on 2016-07-16.