The california bitcoin license
It would force a wide range of bitcoin companies to navigate a complicated and expensive application process, which includes providing unnecessary data to the commission of business oversight.
California scraps licenses in proposed bitcoin regulation.
A bill introduced to the california legislature aims to bring virtual currency businesses more clearly under the states money transmission act.
Since the last time we updated this guide on bitcoin and altcoin legality by state, many of the states have moved to define their stance on altcoins.
California bitlicense dropped for now - bitcoin news.
The california senator writing the states bitlicense bill has scrapped the idea of a license altogether in favor of a new organization.
Once those laws are understood, the business can evaluate the requirements for licensure or the tradeoffs that may allow it to avoid licensing.
California bill proposes license requirement for bitcoin.
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At this time, the nevada department of business and industry does not license or regulate services related to virtual currency, including but not limited to virtual currency transmission or exchange which may be conducted by coinbase.