These seem to be laws governing exchanges ?
What impact will this classification of exchanges as "money transmitters" have on the average Bitcoin user ?
According to Andrew Ittleman, an attorney at Fuerst Ittleman David & Joseph, PL, it could mean that any business that wants to accept Bitcoin, would need to fork over hundreds of thousands of dollars to become licensed as a money transmitter in each state, in addition to several other requirements.
"It seems to me that, according to FinCEN, any company thats dealing with bitcoin is a money transmitter, and I dont know if I could have said that before before I read the payment processor note."Basically, if this attorney is correct, the rulings are the equivalent of a ban on Bitcoin in the United States.
http://www.coindesk.com/fincen-rules-bitcoin-payment-processors-exchanges-money-transmitters/