An Interest In:
Web News this Week
- March 12, 2024
- March 11, 2024
- March 10, 2024
- March 9, 2024
- March 8, 2024
- March 7, 2024
- March 6, 2024
May 7, 2022 06:35 pm
Original Link: https://www.theverge.com/2022/5/7/23061351/california-governor-signs-executive-order-aiming-regulate-foster-cryptocurrency-usage
California governor signs executive order shaping cryptocurrency regulation in the state
California Governor Gavin Newsom signed an executive order on Wednesday that lays the groundwork for bolstering and regulating the cryptocurrency industry in the state (via CNBC). As outlined in the executive order, Newsom’s goal is “to create a transparent and consistent business environment for companies operating in blockchain,” that balances “the benefits and risks to consumers.”
The executive order calls upon the California Governor’s Office of Business and Economic Development (GO-Biz) to collaborate with the state’s Department of Financial Protection and Innovation (DFPI) and Business, Consumer Services and Housing Agency (BCSH). Together, the state agencies are tasked with devising “potential blockchain applications and...
Original Link: https://www.theverge.com/2022/5/7/23061351/california-governor-signs-executive-order-aiming-regulate-foster-cryptocurrency-usage
Share this article:
Tweet
View Full Article
The Verge
The Verge is an ambitious multimedia effort founded in 2011More About this Source Visit The Verge