“That he vetoed an identical invoice final yr, and he and the invoice’s authors have been prepared to work with business to enhance it, demonstrates that they don’t wish to cripple the business in California,” Klaich mentioned. “It’s a cheap regulatory regime largely on par with different states’ cash transmitter licensing, and notably grants conditional licensing to corporations that possess New York’s extra onerous BitLicense.”
Crypto World Cautiously Hopeful as California Acts in Absence of U.S. Feds
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