California is one of the fifty US states located on the West Coast of the country. It is the first state in the USA in terms of GDP and is popular for its climate and multinational composition of its population. California is also famous because of Silicon Valley, which is the world’s center for digital technologies, the electronic industry and scientific research. In terms of Bitcoin in California, authorities are in the process of approving California’s Bitcoin License so that it can be possible to regulate operations using cryptocurrency. Using Bitcoin in California is definitely legal. However, getting this license will have a higher cost relative to other states. In addition, because of the high density of leading technology companies, Bitcoin conferences in California are quite frequent events that host famous cryptocurrency experts and speakers.
CA State Assembly Majority Leader pushes for legal certainty of blockchain in California, shares plans for moving forward at Elev8CON.
Majority Leader of California State Assembly Pushes for Legal Certainty for Blockchain
California-based financial firm SoFi has acquired a BitLicense from the New York State Department of Financial Services.
SoFi Obtains BitLicense to Offer Crypto Trading Services in New York
Following a partnership with Coinbase in February 2019, SoFi is introducing zero-fee crypto trading on its SoFi Invest platform.
SoFi Launches Zero-Fee Crypto Trading for Bitcoin, Ether, Litecoin
Winklevoss’ crypto exchange and custodial service Gemini has joined the Silvergate Exchange Network to provide clients with real-time, automatic fiat transfers.
Gemini Joins Silvergate Exchange Network for 24/7 Fiat Money Transfers
A California court has issued a summons to OPSkins Group and the Worldwide Asset eXchange in response to a complaint of fraud and unfair business practices.
OPSkins Group and WAX Summoned to California Court Over 2017 ICO
Two U.S. states introduce regulation over crypto space. States regulate crypto differently, a question arises: What are the most friendly ones?
US Crypto Review: Top-5 States With Welcoming Regulations
After about a year without traction, a class action suit against Ripple has opted to cite SEC guidelines in arguing that XRP is a security.
Disgruntled Investor Appeals to US SEC Guidelines in Class Action Suit Against Ripple