10 Pa. Code § 19.1a. Virtual currency

10 Pa. Code § 19.1a. Virtual currency—statement of policy.

§ 19.1a. Virtual currency—statement of policy.

(a)  Purpose. The purpose of this statement of policy is to clarify for the regulated community the Department’s current interpretation of the term ‘‘money’’ in the act.
(b)  Interpretation. For purposes of this chapter, the Department interprets the definition of ‘‘money’’ to include virtual currency, such as Bitcoin.

Authority

   The provisions of this §  19.1a added under section 10(a)(4) of the act of September 2, 1965 (P.L. 490, No. 249) (7 P.S. §  6110(a)(4)).

Source

   The provisions of this §  19.1a added April 19, 2024, effective October 15, 2024, 54 Pa.B. 2092.

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