The founder of Buttonwood SF has started an online petition against a California legislative proposal for regulating digital currencies.
Penned by Assemblyman Matt Dababneh , chairman of the state’s Banking and Finance Committee, the proposal aims to regulate virtual currency businesses under the state’s Money Transmission Act.
In so doing, the bill, otherwise known as AB-1326 , would prohibit virtual currency businesses from operating unless they are licensed by the Department of Business Oversight (DBO) or have received […]
