New Bill Would Let California State Agencies Accept Bitcoin


  • Gavin Newsom, Governor of California, signed an executive order today crafting a regulatory framework for companies operating in bitcoin and other cryptocurrencies.
  • The EO combines a multitude of regulatory agencies set to define regulatory practices throughout a public process based on feedback from stakeholders.
  • The order also initiates the creation of a workforce pathway and educational opportunities for those hoping to enter the cryptocurrency space.

Governor Gavin Newsom of California signed an executive order (EO) today creating the legal framework for companies working within bitcoin and other cryptocurrencies, per a press release from the governor’s office.



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