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Tag: AB1326

California Bitcoin License Draws Criticism from Crypto Community

Category: Business, Finance, News

California Bitcoin License Draws Criticism from Crypto Community

Similar to New York’s BitLicense, which has caused the closure of many prominent bitcoin startups and exchanges like Kraken, Localbitcoins.com, Shapeshift, etc. in the state of New York, the California Senate is planning to pass a bill called AB 1326, a licensing requirement for bitcoin startups and exchanges in California. AB 1326, like BitLicense will require bitcoin startups to pay…

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