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Relates to local government; allows municipalities to accept cryptocurrency payments; relates to powers of the board of county commissioners; allows county commissioners to accept cryptocurrency payments; provides for codification; declares an emergency. Dealing in digital currency is money transmission requiring a license under D. House and Senate members introduced few bills addressing digital assets until , but interest appears to be growing. Rather, Bitcoin and other cryptocurrencies are a form of digital currency used in electronic payment transactions�no coins, paper money or banks are involved; there are zero to minimal transaction fees; transactions are fast and not bound by geography; and, similar to using cash, transactions are anonymous. Undecided Cryptocurrencies are legal, although there is no specific regulation dealing with cryptocurrency.
