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Title: 2013-06-26 Bitcoin draws attention of California regulators Post by: cescan on June 27, 2013, 01:00:23 PM http://www.contracostatimes.com/business/ci_23530034/bitcoin-draws-attention-california-regulators?source=rss
Even the state of California can't quite figure out what the bitcoin Internet currency phenomenon is all about -- or whether it's legal in California. The state Department of Financial Institutions sent a letter to the Washington, D.C.-based BitCoin Foundation that warns it "to cease and desist from conducting the business of money transmission in this state." |