NEWS BITCOIN - California ‘BitLicense’ Dropped For NowCryptocurrency advocates working with lawmakers have vehemently opposed the latest trial of Bill AB-1326, which was introduced in 2015. The opposition most notably came from Jerry Brito’s Coin Center, among other Internet activists, such as the nonprofit group the Electronic Frontier Foundation (EFF).
Coin Center’s Executive Director Jerry Brito stated in a letter to bureaucrats that the Bill was “completely re-written” from previous iterations.
According to American Banker, Mark Farouk, from the California State Assembly’s Committee on Banking and Finance, said it definitely would be revisited next year.
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