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Bitcoin can be accepted and used for transactions in the US state of California as of yesterday, following the ratification of a new finance bill. Previously, only US Dollars were officially recognized, but the new bill allows for the use of other national and digital currencies.
Two major breakthroughs in fiber optic technology and smartphone batteries are set to make high speed internet and thus, digital currency, more accessible to the global population, enabling underdeveloped countries to leapfrog current technologies.
California’s Department of Business Oversight has concluded that they have the authority to regulate virtual currencies.
The Californian state assembly is considering legislation that would require all “virtual currency” businesses to acquire a US$5,000 license to operate legally.
The state of California has approved a bill to regulate digital currency businesses, Kim Dotcom’s wins court decision against US authorities, BlockTrail Acquires SendChat, and more news
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Governor Jerry Brown demonstrated that while he seems to have moved toward a conservative bent in his later years he still has a Progressive heart.
Bitcoin ATM network company CoinSource announced instalment of two BTMs: in California and Texas.
A security expert is expected to unveil a new app that is able to crack remembered passphrases, Los Angeles startup Verisart will use the Blockchain to verify artwork authenticity, and more news
ItBit becomes the first US regulated exchange, but the EU might be about to harmonize digital currency law for 500 million people.
Coinbase, which announced earlier this week it had launched the first regulated Bitcoin exchange in several states and territories of America, including California and New York, seems to be lacking regulatory approval from both states, according to local regulators.
New York-based Bitcoin exchange itBit has revealed that it won't use Bitcoin for its upcoming Bankchain project, the NYDFS has so far received 22 BitLicense applications, and more news
California is working to stop businesses from moving out of the state in its version of the BitLicense; Patrick Byrne signs US$30M deal to bridge the gap between Bitcoin technology and Wall Street; and more news
The judge in the Silk Road trial denied a motion from Ross Ulbricht’s defense for a new trial despite federal agents’ alleged corruption, Richard Branson will organize a summit to discuss Bitcoin and more news
The latest version of California's “BitLicense” adds new reporting requirements to licensed businesses, Coinbase expands its services to Singapore, and more top stories for September 3.
The first Bitcoin ATM's will be installed and located at stores in Hollywood and Venice.
Just weeks after New York officially drove several major Bitcoin businesses out of the state through regulation California chose a freer path forward for digital currency in The Golden State.
California is discussing a license for businesses in the cryptocurrency sector, leading to fears of a New York-style BitLicense proposal. Victoria, Australia to auction off US$7.1 million in bitcoin after a Silk Road dealer has his assets liquidated. Privacy-centric messenger app Wiper pulled from Chinese app store aft...
California introduces new bill imposing digital currency business to operate with a license, Ukraine's hyperinflation leads locals to turn to cryptocurrencies, Electrum releases version 2.0, and more top stories for March 4, 2015.
Barclays announced that it will allow people to make donations to charities in bitcoin; bitcoin exchanges and wallet companies are developing strategies to deal with the CoinWallet's upcoming “stress test”, and more news
Canada’s landmark legal legislation this week came suddenly for the community – but it is not alone: now, a second official response has been heard in California.
The California-based annual Coachella music and arts festival began the shift towards cashless payments in 2014. This year the transition continued with all vendors accepting Android Pay, Apple Pay and Samsung Pay.
The California State Senate and Assembly passed a bill in early September that amends the state’s Money Transmission Act.
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