California Virtual Currency Legislation

Posted by Elsa Broeker & filed under Legal.

Elsa Broeker

*+-On February 27, 2015, California Assemblyman Matt Dababneh, chairman of the state’s Banking and Finance Committee, introduced Assembly Bill 1326, which would prohibit a person from engaging in California in the business of “virtual currency” without a license from the California Department of Business Oversight, unless such person otherwise qualifies for one of a limited number… Read more »