The bill will mandate crypto firms to uphold financial records and allow regulators to conduct audits on these entities.
Category: Gavin Newsom
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California Governor Newsom Vetoes Bill to Regulate Crypto — Calls for ‘More Flexible Approach’
California Governor Gavin Newsom has vetoed a bill to regulate crypto in his state. He stressed that “a more flexible approach is needed” to “keep up with rapidly evolving technology and use cases” in the crypto sector. Bill to Regulate Crypto in California Vetoed by Governor Newsom The governor of the U.S. state of California, […]
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California Governor Newsom Signs Executive Order on Crypto, Blockchain, and Web3
California Governor Gavin Newsom has signed an executive order on crypto and blockchain to create a comprehensive and harmonized framework for Web3 technology to thrive. “California is a global hub of innovation, and we’re setting up the state for success with this emerging technology,” said the governor. California’s Governor Issues Executive Order on Blockchain and […]
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