So I decided to make a little video about my struggles with being able to buy Cryptocurrencies while living in Washington State. With the market the way that is it, I was very frustrated that I couldn’t buy in. With many exchanges allowing the purchase of Crypto with a Credit Card, I was really excited. Yet I was still unable to buy-in thanks to Washington State regulation (https://app.leg.wa.gov/billsummary?BillNumber=5031&Year=2017) For a while I thought I was totally out of luck when it came to buying crypto. Trying to figure some back door into the market. My bank blocked all transactions with Coinbase and I didn’t want to link my main bank account with any sort of exchange. So after conversing with for a bit, he got a fire lit under my butt to do something about it. Two heads are better than one. He told me about Gemini and they are licensed in Washington State. I was able to purchase but I haven’t been able to move any crypto out and it has been 3 days. Their site states that it can take 4-5 days!!! WOW that seems like a long time to me. I guess time will tell.
Here is another link you might be interested in to better understand the situation.
https://www.geekwire.com/2017/new-bitcoin-regulations-shake-washington-states-cryptocurrency-industry/
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