California Governor Gavin Newsom Vetoed ‘BitLicense’ Bill

Name: California Governor Gavin Newsom Vetoed ‘BitLicense’ Bill
Uploaded: 2022-09-26T14:42:27Z
Duration: 4 min 245 s
Description: California Governor Gavin Newsom (D) vetoed a bill that would have created a licensing regime for anyone hoping to facilitate crypto transactions, likening it to how money transmissions are currently overseen by the Money Transmission Act. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down what this means for crypto regulation.

Sep 26, 2022

California Governor Gavin Newsom (D) vetoed a bill that would have created a licensing regime for anyone hoping to facilitate crypto transactions, likening it to how money transmissions are currently overseen by the Money Transmission Act.

Up Next

Bitcoin Slips to $42K From Last Week's Yearly High; Ledger CEO on Future of Hardware Wallets

40:07

The last regression video of the year 3.67.0

Dec 12, 2023

04:48

Celsius’ Crypto Customers Face New Challenge in Retrieving Deposits

Oct 6, 2022

Crypto Will See 'a Lot More Proactive Enforcement' Thanks to the Four Horsemen of the Cryptocalypse: Columnist

01:28

Video regression for 3.54.0 release [no, no]

Jun 16, 2023

10:12

Bitcoin Mining Is About to Get Tougher With Difficulty Primed for Another Sharp Rise.

Oct 7, 2022

View all

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to coindesk.consensus.com to register and buy your pass now.