The latest in a patchwork of state regulations, Rhode Island pens formal legislation regarding cryptocurrencies and money transmission.
Decentralized applications (dapps) may sometimes qualify as money transmitters under U.S. law, FinCEN said.
A senator from the U.S. state of Utah has introduced a bill to exempt blockchain firms from being classed as money transmitters.
Pennsylvania's government has clarified that crypto exchanges and providers do not require a money transmission license to operate.
A bill requiring money transmission licenses for companies working with digital currencies in the state of North Carolina has passed.
A group of Wyoming legislators has introduced a bill that would ease a regulatory burden on money transmitters in the state that work with bitcoin.