Bitcoin Archives - California Globe

CA Fair Political Practices Commission Approves Cryptocurrency Campaigns Donations

July 22, 2022 4:20 pm

The California Fair Political Practices Commission voted Thursday to allow state campaigns to accept cryptocurrency donations, reversing a four-year ban on the donations. Since 2018, California has been one of nine states to not allow cryptocurrency donations to campaigns. The...

California Companies Stop Using Bitcoin Following Crash of Cryptocurrency

July 12, 2022 4:31 pm

Since early May, the usage and investment in Bitcoin and other cryptocurrencies has plummeted worldwide. The most popular, Bitcoin, has gone from a high of a coin being worth $67,582 in November 2021 to under $50,000 in December, under $30,000...

Bill To Allow Californians To Pay For Government Services With Cryptocurrencies Introduced in Senate

February 22, 2022 12:16 pm

A bill to allow the California government to begin accepting cryptocurrency such as Bitcoin as payment for services by state agencies began discussion in the Senate this week following its introduction last Friday. Senate Bill 1275, authored by Senator Sydney...

Jack Dorsey Talks Green but Backs Energy Hog Bitcoin

September 1, 2021 9:56 amMarch 29, 2022 7:11 am

With California literally on fire, it’s a good opportunity to look at the enormous gulf between Big Tech talk and action when it comes to climate change. With crypto having entered the vernacular to the point that CNBC now runs...

Digital Asset Regulatory Bill Passes Senate Committee 7-0

August 15, 2020 2:24 amAugust 14, 2020 9:24 pm

On Thursday, a bill that would begin feasibility studies into regulating and classifying the virtual currency industry passed the Senate Banking and Financial Institutions Committee unanimously 7-0. AB 2150 and the digital currency industry in California Assembly Bill 2150, authored...