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.

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