• Posts by Natalia  San Juan
    Posts by Natalia San Juan
    Associate

    As a member of the firm’s litigation team, Natalia’s practice focuses on commercial litigation and arbitrations. Natalia has successfully represented clients in various aspects of litigation in both state and federal court ...

Time 3 Minute Read

On January 30, 2019, a Florida appellate court reversed the trial court’s dismissal of State v. Espinoza, instead holding that a Bitcoin business was both a money transmitter and a payment instrument seller, subject to Florida’s statutes governing money services businesses. The decision contrasts with recent guidance in Texas and Pennsylvania regarding cryptocurrencies, where virtual currencies in those states were not deemed money under applicable state statutes and businesses that conduct transactions exchanging virtual and sovereign currencies do not generally require a currency exchange license.

The Hunton Andrews Kurth Blockchain Blog features opinions and legal analysis as we follow the development and use of distributed ledger technology known as the blockchain.

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