Topic: [2016-08-17] California Delays Efforts to Regulate Bitcoin Businesses (Read 309 times)
August 17, 2016, 08:52:18 AM
I guess they are still watching the tide of events, to see where the bitcoin tide falls and the best measures to take for the economy.
August 16, 2016, 07:03:03 PM
California's legislature has once again shelved a plan to regulate businesses in the digital currency industry.
Reintroduced after nearly a year of dormancy earlier this month, Assembly Bill 1326 has now been referred back to the state's Rules Committee and Banking and Finance Committee – effectively freezing its progress.
Word first emerged on Friday that the measure would be delayed, and a representative for the Banking and Finance Committee has since confirmed to CoinDesk it will not be heard in the legislature again this year.
She said:
"It's being delayed for this year."
http://www.coindesk.com/california-bitcoin-regulation-bill-delayed/
Reintroduced after nearly a year of dormancy earlier this month, Assembly Bill 1326 has now been referred back to the state's Rules Committee and Banking and Finance Committee – effectively freezing its progress.
Word first emerged on Friday that the measure would be delayed, and a representative for the Banking and Finance Committee has since confirmed to CoinDesk it will not be heard in the legislature again this year.
She said:
"It's being delayed for this year."
http://www.coindesk.com/california-bitcoin-regulation-bill-delayed/
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