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BlockchaINVEST • January 7 - March 11, 2019

At BlockchaInvest, international blockchain companies and crypto projects looking to raise capital meet local investors and fund managers in a…

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Tag: California

California Passes Two Pro-Blockchain Laws Amidst Support from Community

Category: Blockchain, News, Platform, Regulation

California Passes Two Pro-Blockchain Laws Amidst Support from Community

On September 28th, 2018, the state of California passed two blockchain bills into law. The two bills, each tabled by different members of the state’s legislative houses, define blockchain, cryptocurrencies, and allow innovations backed by this technology to have legal standing. California’s pro-blockchain advocacy group, the Blockchain Advocacy Coalition played a significant role in the process through which the bills…

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Political Donations in Bitcoin Outlawed in California

Category: Bitcoin, Finance, News, Regulation

Political Donations in Bitcoin Outlawed in California

California’s campaign watchdog arm, the Fair Political Practices Commission, ruled that candidates will not be allowed to receive donations for political campaigns with cryptocurrencies like bitcoin, the Associated Press reported on September 21, 2018. Cryptocurrency Donations a Threat to Political Transparency A new ruling from the state’s political watchdog says that candidates running for public offices in the state of…

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California State Legislature Approves Bill for the Creation of a Blockchain Study Group

Category: Bitcoin, Blockchain, Investment, News, Regulation, Tech

California State Legislature Approves Bill for the Creation of a Blockchain Study Group

A bill for the creation of a blockchain study group was approved by both houses of the California legislature. California Steps Up California has always had a historical prominence on the tech industry in the U.S., however when it comes to the digital industry and the blockchain, California has stepped far behind and is now looking to make up for…

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California Bill Extends Electronic Record Definition to Include Blockchain Signatures

Category: Blockchain, Business, News, Regulation

California Bill Extends Electronic Record Definition to Include Blockchain Signatures

Ian Calderon, a California lawmaker, introduced a bill named Assembly Bill 2658 on February 15, intending to make blockchain signatures and smart contracts legal. The Assembly Member proposed to update state’s electronic record laws by incorporating blockchain signatures and smart contract as part of the legislation. If the bill is passed, it will fall under the Uniform Electronic Transaction Act….

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Is the Legalization of Cannabis in California, other US States, a Huge Opportunity for Bitcoin?

Category: Bitcoin, Business, News

Is the Legalization of Cannabis in California, other US States, a Huge Opportunity for Bitcoin?

California, Nevada, and Massachusetts legalized the recreational use of Cannabis on November 9, but the banking sector will reject Cannabis dispensaries as clients. This could be the perfect opportunity for Bitcoin. But, once again, the cryptocurrency alone does not magically solve every problem. Hippies and Rastafarians from California, Nevada, and Massachusetts might praise the day Donald Trump became president of…

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State Senator Drops California’s Controversial Bitcoin Bill

Category: News

State Senator Drops California’s Controversial Bitcoin Bill

California State Senator Holly Mitchell has dropped the recently proposed AB-1326 on September 9, a regulatory bill intended to monitor and restrict the operations of digital currency startups, exchanges and organizations. The controversial AB-1326 bill received harsh criticism from the Bitcoin community throughout its short period of existence. Colin Gallagher, chair of the BTC foundation education committee stated, “Had this…

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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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