Connecticut begin regulating digital currencies, and now require firms to obtain special license
The Connecticut Department of Banking has been granted the power to regulate digital currencies in the state, and now requires any company engaging with digital currencies to first obtain a license; the state may turn down an application for a license if the issuance of the license would "represent undue risk of financial loss to consumers". This represents an extension on the framework of regulation that has so-far been applied to digital currencies in other US states.
Law360, New York (July 9, 2015, 10:39 AM EDT) -- Over the past year, several state banking agencies have been empowered to regulate companies that transmit "virtual currencies," such as bitcoin. On June 19, the Connecticut Department of Banking was added to the list of virtual currency regulators when Gov. Dannel Malloy signed Substitute House Bill Number 6800....

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