[igk]

Honestly, this seems like a reasonably sane bill. IANAL but it does not seem to make cryptocurrencies illegal, more the opposite: it recognizes them as cash and places the same requirements that other financial instruments have on them...with a review period of 18 months. That seems good for crypto more than anything else.

If anyone knows more about this and wants to explain why I'm misunderstanding this I'd be thankful :-)

[skynode]

Don't know what the HN abbreviation, IANAL, means but in my ignorance it just looks quite distasteful. :\

[grkvlt]

It isn't really specific to HN, It's been in use since the days of Usenet, as I recall.

[Normal_gaussian]

I am not a Lawyer.

I first saw it on Reddit, I presume that isn't its starting point though.