Crypto Archives - California Globe

Crypto Financial Services Licensure Bill Passes Assembly 71-0

August 31, 2022 4:51 pm

A bill to add licensure and regulations to cryptocurrency financial services based in the state passed the Assembly on Tuesday, bringing the piece of legislation to Governor Gavin Newsom to either sign or veto. Assembly Bill 2269, authored by Assemblyman...

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...

Gov. Newsom Signs Executive Order on Cryptocurrency and Blockchain Technology

May 4, 2022 12:30 pm

Governor Gavin Newsom signed an Executive Order on Wednesday around cryptocurrency and blockchain technology by both creating a more transparent environment for companies employing blockchain technology and creating a path for more a regulatory and consumer protection-focused environment for those...