CALIFORNIA:
Next Frontier in Cryptocurrency CALIFORNIA IS MAKING BIG STRIDES TOWARD THE REALIZATION OF ITS AMBITIOUS REGULATORY VISION FOR CRYPTOCURRENCY BUSINESSES IN THE STATE. If you’re running a crypto business in the state (or plan to), here’s what you need to know and do.
Joseph Ciccolo | Founder of BitAML
C
alifornia is serious about its cryptocurrency regulatory f ramework, with the state making big moves to roll out a welcome mat for cryptocurrency businesses. (Move over, Miami.) Governor Gavin Newsom recently signed an executive order designed to “spur responsible web3 innovation, grow jobs, and protect consumers.” The press release announcing the executive order also brags that California is the leading state in the nation for creating a realistic and sensible regulatory f ramework for crypto businesses to thrive. Sounds good, but is it too good to be true?
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