First Mover Asia: Bitcoin Struggles Following Inflation Report; California Crypto Bill Is an Overstep, Say Legal Experts

2022-9-14 05:46

The bill would prohibit California-licensed entities from dealing with stablecoins, unless that stablecoin is fully-backed by securities and issued by a bank or licensed by the California Department of Financial Protection and Innovation.

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bill california stablecoin innovation fully-backed unless stablecoins

Источник: coindesk.com

bill california → Результатов: 45


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U.S.: Lawmaker Proposes Securities Exemption for Crypto Tokens

A bill introduced by a lawmaker of the California Assembly is proposing an exemption of select crypto assets from California’s securities laws. Crypto Tokens May Enjoy Exemption From Securities Law in California According to a proposed bill by Democrat Ian Calderon and amended in the California Assembly on May 4, 2020, the lawmaker asked theRead MoreRead More.

2020-5-9 22:07


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Cryptocurrency Provides Payment and Tax Solutions for the Cannabis Industry

A member of the Berkeley City Council has reportedly become the first elected official to purchase cannabis with cryptocurrency. City Council Member Makes Cannabis Purchase with Crypto According to The Daily Californian, Ben Bartlett of the Berkeley City Council purchased cannabis using cryptocurrency during an event organized by the Blockchain Advocacy Coalition.

2019-9-16 20:00


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Uber won’t reclassify drivers as employees, despite California’s AB5 ruling

Uber has said it has no plans to reclassify its vast army of drivers as employees, in light of the the gig workers’ rights bill passed in the California Senate yesterday. “We continue to believe drivers are properly classified as independent, and because we’ll continue to be responsive to what the vast majority of drivers tell us they want most — flexibility — drivers will not be automatically reclassified as employees, even after January of next year,” the company said in a statement.

2019-9-12 09:40


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California passes landmark gig workers’ rights bill — here’s what that means

California legislators on Tuesday approved a landmark bill that would consider contractors for companies like Uber and Lyft as “employees. ” The state Senate voted in favor of the bill — dubbed Assembly Bill 5 (AB5) — that would ensure gig economy workers in companies like Uber, Lyft, and DoorDash are entitled to minimum wage, workers‘ compensation, and other benefits.

2019-9-11 13:02


College Athletes Move a Step Closer to Getting the Money They Deserve

Payday could finally be coming for some college athletes. California Senator Nancy Skinner just tweeted that her SB 206 bill won unanimous approval from the Assembly Appropriations Committee. Yes! My bill, #SB206 — which will give California college athletes the rights to monetize their name, image, and likeness — just won unanimous approval from the […] The post College Athletes Move a Step Closer to Getting the Money They Deserve appeared first on CCN Markets

2019-9-1 06:05


Why Would an Anti-Bitcoin US Congressman Want a Bill to “Outlaw” Cryptocurrencies?

Sherman says, “nip this (Crypto) in the bud” as it undermines the US Dollar He says Cryptos are mostly used by criminals The Democrat Congressman from California, Brad Sherman, a bitcoin basher recently at a meeting of the House Financial Services Committee on May 9 called out for a legislation that will make it illegal […]

2019-5-21 03:04


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Democratic Congressman Wants to Ban Cryptocurrencies to Keep U.S. International Power

Bradley James Sherman, a Democratic Representative from California, is urging the other Congressmen to join him and work towards outlawing cryptocurrencies in the United States. He is seeking a bill that would stop US citizens from purchasing or dealing with cryptocurrencies, due to the potential threat it poses to the US Dollar as the sovereign […] Democratic Congressman Wants to Ban Cryptocurrencies to Keep U.

2019-5-10 12:59


Blockchain Technology May Be Utilized for California Water Rights Management

The Pacific Institute in Colorado is now to dip its hands into a few water-related endeavors, with the help of blockchain technology. A Bill 184 now has asked that the Institute consider the setting up of water banks or storages, water rights database management and also general administration. This is expected to begin as soon […]

2019-3-15 03:30


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Student Turns $5K into $800K Trading Crypto, But Now Owes $400K in Taxes

One college student turned his $5K investment into $880k but now says trading “ruined” his life as he’s facing $400k in cryptocurrency taxes.   From Big Profits to a Tax Nightmare An anonymous college student recently posted on Reddit to solicit advice about what to do while they face a massive tax bill in the wake of cryptocurrency trading.

2018-11-4 13:00


California Legislature Says Yes To Blockchain Bill Defining Crypto Terms

A draft law has been recently approved in California. The new law was designed to create the legal grounds for the implementation of technology related to cryptocurrencies. Called Assembly Bill 2658 and amends the California Corporations Code, Government Code and Civil Code to legalize the blockchain technology in the state for local and foreign commerce. […]

2018-9-4 13:57


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California Passes Bill Defining Blockchain and Crypto Terms

A draft law designed to amend California’s legislation to create legal grounds for the implementation of crypto-related technologies has been passed by the state’s legislature. Assembly Bill 2658 amends the California Civil Code, Government Code, Corporations Code, and Insurance Code to legalize the use of blockchain secured data and smart contracts in local and foreign […] The post California Passes Bill Defining Blockchain and Crypto Terms appeared first on Bitcoin News.

2018-9-3 14:05


California State Legislature Passes Law Establishing a Blockchain Working Group

California’s state legislature has passed a bill which aims to form a working group on blockchain technology. According to the bill, the primary role of the working group will be to find out how blockchain can be introduced and used in government, schools, and other public institutions. It will also determine how blockchain can fit […]

2018-9-1 03:00


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CME prepares to launch spot Bitcoin trading — FT

CME plans to launch spot Bitcoin trading, challenging Binance's dominance and highlighting Wall Street's crypto interest. The post CME prepares to launch spot Bitcoin trading — FT appeared first on Crypto Briefing.