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Author Topic: California Governor Grants Bitcoin ‘Legal Money’ Status  (Read 759 times)
bitcoinsrus (OP)
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June 29, 2014, 06:36:27 PM
Last edit: June 29, 2014, 11:37:37 PM by bitcoinsrus
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http://www.coindesk.com/california-governor-grants-bitcoin-legal-money-status/

"The 39th Governor of California Jerry Brown has officially signed Assembly Bill 129, the measure that sought to grant bitcoin and other digital currencies ‘legal money’ status, into law, Reuters reports."

"However, as noted by Roger Dickinson, the California assemblymember who introduced the bill, AB-129 does not regulate bitcoin in California, a matter that will be left up to other authorities."

"With AB-129 now law, California bitcoin enthusiasts will need to wait for a forthcoming decision from the California Department of Business Oversight (DBO), which issued a warning on digital currencies in April."

http://www.latimes.com/local/political/la-pc-brown-legis-20140628-story.html
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