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RE: Bitcoin not money, Miami judge rules in dismissing laundering charges
Well it certainly isn't bad news :) - less regulations, "money laundering" cases that involve bitcoin transactions now can't be treated as money laundering since bitcoin isn't money :) and also new cases that will appear can now lean on this ruling which is great.
This will only be true once the decision comes from a Federal Supreme Court and is upheld as constitutional. As of right now, it's only proven that one jurisdiction has gave credence to this interpretation of the law.
But could they still refer to this case in other jurisdictions or will that currently only be applicable in Miami (Florida)?
It's a state court it has no bearing on federal cases at all.