[dragonwriter]

> If Bitcoins are considered currency, then it is subject to all of the same laws that would apply to any other currency. Money transmitter laws are currency agnostic--they apply equally to transmitters of pesos as they do to transmitters of dollars.

The main reason many Bitcoin-related business are potentially covered by money transmitter (and related) rules is because of how they handle traditional currencies like US dollars in connection with their Bitcoin-related business.