Aside from exchanges and sites that hold other people's bitcoins that's a good question. It seems like it all depends on how they interpret "for investment pur

Aside from exchanges and sites that hold other people's bitcoins that's a good question. It seems like it all depends on how they interpret "for investment purposes". A broad interpretation would seem to cover most uses, such as trading on localbitcoins.com. However localbitcoins.com decided on its own to disallow use by NYS residents after this regulation came out.