“They don’t know what my crypto views are because they never asked,” said Katie Porter following her defeat in a primary for California’s Senate race.
California News
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The Fairshake political action committee raised more than $85 million and spent roughly $19 million as of Dec. 31, according to data from Open Secrets.
5173The crypto exchange cited data suggesting that roughly 8.2 million people in California owned digital assets, the majority of which were more likely to support pro-crypto lawmakers.
2802The Blockchain Basics Act would allow individuals to host blockchain nodes and conduct crypto mining operations in residential properties without any license requirements, among other benefits.
30950Senate Bill 892 would require the Department of Technology to establish safety, privacy and nondiscrimination standards for AI services.
12618In a recent report, California Governor Gavin Newsom emphasized the significance of preparing for the next generation of skills essential to thrive in the GenAI economy.
21331Sam Bankman-Fried was the final witness to take the stand after more than three weeks of testimonies in court.
3951A new legislative investigation found some crypto ATMs charging a premium as high as 33%, while a few ATMs had limits of up to $50,000.
12807The bill will mandate cryptocurrency firms to adhere to licensing requirements, maintain financial records and provide regulators with the authority to conduct audits.
24336The new AI assistant, Meta AI, will be initially available from Sept. 27 for a limited group of U.S.-based users.
13338Californian Assembly Member Ash Kalra labeled the bill as a “common sense requirement” to help protect the work of actors, artists and entertainers.
3253The California Fair Political Practices Commission has released disclosure requirements for cryptocurrency contributions to political candidates and committees.
9188This week’s Crypto Biz explores Elon Musk’s plans for X, the Italian central bank’s take on DeFi, PacWest’s merger with Banc of California and more.
20655AI technology has gained a lot of traction over the past year, with the European Union and the United States already proposing legislation to regulate the nascent tech.
4463Banking giant JPMorgan will take over the assets of the troubled First Republic Bank after its seizure by the California Department of Financial Protection and Innovation.
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