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California News

California is one of the fifty US states located on the West Coast of the country. It is the first state in the USA in terms of GDP and is popular for its climate and multinational composition of its population. California is also famous because of Silicon Valley, which is the world’s center for digital technologies, the electronic industry and scientific research. In terms of Bitcoin in California, authorities are in the process of approving California’s Bitcoin License so that it can be possible to regulate operations using cryptocurrency. Using Bitcoin in California is definitely legal. However, getting this license will have a higher cost relative to other states. In addition, because of the high density of leading technology companies, Bitcoin conferences in California are quite frequent events that host famous cryptocurrency experts and speakers.
New York-based Bitcoin exchange itBit has revealed that it won't use Bitcoin for its upcoming Bankchain project, the NYDFS has so far received 22 BitLicense app...
AUGUST 14 DIGEST: itBit Won't Use Bitcoin for its Banking Project and 22 Bitcoin Companies Have Applied for the BitLicense
Aaron van Wirdum
2015-08-14T13:44:38+01:00
386
A security expert is expected to unveil a new app that is able to crack remembered passphrases, Los Angeles startup Verisart will use the Blockchain to verify a...
JUL 9 DIGEST: Brain Wallets Are Not Hacker-Proof; Blockchain Will Be Used to Verify Artwork Authenticity
Daniel O. Nyairo
2015-07-09T12:58:21+01:00
543
Two major breakthroughs in fiber optic technology and smartphone batteries are set to make high speed internet and thus, digital currency, more accessible to th...
Internet Speed and Smartphone Batteries to Make Quantum Leaps Forward
Evander Smart
2015-07-02T19:01:43+01:00
904
The state of California has approved a bill to regulate digital currency businesses, Kim Dotcom’s wins court decision against US authorities, BlockTrail Acquire...
JUN 4 DIGEST: California Approves Bitcoin Bill; Kim Dotcom Beats the US in Court
Daniel O. Nyairo
2015-06-04T12:29:11+01:00
758
ItBit becomes the first US regulated exchange, but the EU might be about to harmonize digital currency law for 500 million people.
Patchwork Regulation Could Mean EU Steals Show From ItBit And US
Charlie Richards
2015-05-11T14:35:59+01:00
1204
The judge in the Silk Road trial denied a motion from Ross Ulbricht’s defense for a new trial despite federal agents’ alleged corruption, Richard Branson will o...
APRIL 28 DIGEST: Silk Road Judge Denies Retrial and Richard Branson Will Host Bitcoin Summit on Private Island
Aaron van Wirdum
2015-04-28T12:50:25+01:00
398
The Californian state assembly is considering legislation that would require all “virtual currency” businesses to acquire a US$5,000 license to operate legally....
California Considers US$5,000 BitLicense-style Scheme for “virtual currency”
Charlie Richards
2015-03-16T15:43:03+00:00
827
California is discussing a license for businesses in the cryptocurrency sector, leading to fears of a New York-style BitLicense proposal. Victoria, Australia to...
MAR 16 DIGEST – California contemplates crypto license, Australia auctioning US$7.1 million in bitcoin
Charlie Richards
2015-03-16T11:16:00+00:00
468

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