California Governor Newsom has vetoed a bill to regulate crypto, emphasizing that 'a more flexible approach is needed.' cryptocurrency bitcoin
Assembly Bill 2269, titled “Digital financial asset businesses: regulation,” was introduced earlier this year by California Assembly Member Timothy Grayson. It passed the California State Senate on Aug. 29 and the California State Assembly the next day.
Digital assets are becoming increasingly popular in our financial ecosystem, with more consumers buying and selling cryptocurrencies each year.
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