Washington Regulators Defend Bitcoin Bill Despite State Exodus

Despite the recent defection of a number of Bitcoin start-ups from Washington State, regulators have insisted they are working hard to make the region an amenable destination for the fast-growing virtual currency sector.

Bitfinex, Poloniex, Bitstamp and Kracken each recently informed customers they are shutting down operations in Washington following July’s rollout of a controversial virtual currency licensing regime.

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