California takes another big step toward the realization of its ambitious regulatory vision for cryptocurrency business in the state. If you’re running a crypto business in the state, here’s what you need to know and do. California seems pretty serious about its cryptocurrency regulatory framework, with the state once again making big moves to roll…
*First published in CrossTech Magazine – 5th Edition on July 25, 2022; “California: Next Frontier” in Cryptocurrency, talks about California’s cryptocurrency regulations and Gov. Gavin Newsom’s signed executive order. This article explains the order and how this new regulation of cryptocurrency will affect the crypto ecosystem.* California: Next Frontier In Cryptocurrency California is making…
Recently, the California legislature passed AB 2269, which has now made its way to the Governor’s desk. The bill would effectively require ANY individuals or entities engaged in exchanging, transferring, storing, or other activities to obtain a license from the California Department of Financial Protection and Innovation (DFPI), and adhere to a host of specific criteria,…
AB 2269 vetoed. Here’s how California moves forward with sensible, effective cryptocurrency regulation. On Friday, Governor Gavin Newsom vetoed California Assembly Bill 2269 (AB 2269). The bill would have effectively required ANY individuals or entities engaged in exchanging, transferring, storing, or other activities to obtain a license from the California Department of Financial Protection and…
Back in February 2021, BitAML wrote a blog titled: CFPB: Consumer protection is ramping up in crypto – where we discussed how consumer protection was fast becoming a point of emphasis for regulators within the crypto space. If you did not heed our advice then, now is the time to take a look at your…
Over the last several years, there has been an influx of “BTMs” popping up all over the place. According to Coin ATM Radar, at the time of writing, there are over 39,000 Bitcoin ATMs in the world today compared to 14,000 at the end of 2020. Of these, nearly 87% are reportedly located in the…
