IDG Answers is a community of experts who are passionate about technology. Ask a question or answer one below.
Lots of things are illegal in some states and not in others, but if you were picking states that could have an impact on an online business, Illinois and California would be two of the major ones. However, I looked at the California demand, and it should be noted that it was sent to the Bitcoin foundation. That ignores the fact the the foundation doesn’t run the exchanges, so it really doesn’t affect actual transactions in Bitcoins. However, I anticipate more governmental efforts at state and federal levels to regulate or litigate bitcoin out of existence. One thing that governments take very seriously is the power to tax and regulate commerce, and they guard that power jealously.