California’s SB 822 ends forced crypto sell-offs and requires holders to send in-kind transfers of unclaimed crypto to the state, promoting stronger consumer rights.
California News
- Explained
- Analysis
California’s new law states that abandoned Bitcoin can’t be immediately sold by the state, which may ease recovery and lower burdens on exchanges.
5807 - News
The laws will likely impact social media companies and websites offering services to California residents, including minors, using AI tools.
5099 - News
Ian Calderon, a former California lawmaker and Bitcoiner, started his campaign for California governor as a long shot among several established candidates.
3617 - Explained
How TRUMP, DJT and WLFI clash with California’s crypto rules and why Newsom teased a “Trump Corruption Coin.”
- News
California Governor Gavin Newsom says his planned memecoin is meant to expose the absurdity of Trump’s crypto ventures.
27785 - News
Rowland Marcus Andrade was sentenced to seven years in prison for making the cryptocurrency AML Bitcoin, which defrauded investors out of $10 million.
4380 - Newsletter
JPMorgan, Citigroup and Bank of America are all in the early stages of stablecoin development.
8220 - News
The California Breakthrough Project held its first meeting at Ripple’s San Francisco headquarters, according to journalist Eleanor Terrett.
10323 - News
The case marks California DFPI’s first enforcement action under the state’s Digital Financial Assets Law.
3553 - News
The bill has seen contention online, but Satoshi Action Fund’s Eric Peterson says it updates the state’s unclaimed property laws so crypto doesn’t get liquidated.
12590 - News
The California State Assembly passed a bill that would allow state agencies to accept crypto for payment in a unanimous 68-0 vote, which will now head to the Senate.
21190 - News
California Democrat Avelino Valencia has amended a money transmission bill to make Bitcoin and crypto rights a major focus, potentially benefitting the state’s 39.4 million residents.
14271 - Explained
California’s DFPI crypto scam tracker lets users identify scams early and helps safeguard crypto assets from fraudulent activities.
- News
With the pending conclusion of the criminal case, the SEC could now move forward with civil litigation after a judge signed off on staying the lawsuit in January 2021.
4285