CA lawmakers taking on Bitcoin

(Before It's News)

It’s Your Backyard Ventura County By James Poulos . A bill bringing statewide regulations to Bitcoin and other digital currencies has cleared its first hurdle in Sacramento. AB1326, introduced by Assemblyman Matt Dababneh, D-Encino, received a majority vote in the Banking and Finance Committee. Crafting regulation According to Inside Bitcoins, Dababneh’s bill “broadly defines a ‘virtual currency business’ as any activity […]

Tags:  AB1326, Assemblyman Matt Dababneh, Bitcoin, Cal Watchdog, Calfornia, CalWatchdog, Goldman Sachs, James Poulos, Legislature, Tim Draper, virtual currency

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