Cryptocurrency Q&A
Is crypto legal in Oregon?
Is crypto legal in Oregon?
CryptoGladiatorGuard
Wed Dec 18 2024
|
5 answers
1338
I'm wondering if it's legal to use or trade cryptocurrencies in the state of Oregon. Are there any specific regulations or restrictions that I should be aware of?
5 answers
SeoulSerenity
Fri Dec 20 2024
Oregon has implemented specific regulations concerning the transfer of digital currency.
Was this helpful?
386
61
CryptoWizardry
Fri Dec 20 2024
According to the law, companies involved in the transfer of digital currency from one individual to another must obtain a license as money transmitters.
Was this helpful?
81
34
Bianca
Fri Dec 20 2024
This regulation ensures that such companies operate within a legal framework and adhere to certain standards.
Was this helpful?
266
92
Michele
Fri Dec 20 2024
However, there is an exception to this rule. Digital currency exchange companies that solely convert cash into digital currency do not need to obtain a license.
Was this helpful?
255
27
CryptoQueen
Thu Dec 19 2024
This exemption is likely due to the nature of their services, which may be deemed less risky or complex compared to those that involve direct transfers between individuals.
Was this helpful?
350
68
