US: Californian regulators pondering on the Bitcoin regulatory framework dilemma

Tuesday 6 January 2015 14:18 CET | News

Californian Department of Business Oversight (DBO) regulators have not issued yet any official date for offering the regulation framework for Bitcoin.

However, DBO is expected to issue an official date any time soon in the near future, reports.

The actions would follow the approval of Assembly Bill 129, a measure that grants Bitcoin and other cryptocurrencies the status of “legal money” under California law.

In recent news, the California state government has been debating whether to regulate Bitcoin-clad digital currencies after stressing its authority in the matter.

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Keywords: US, California, Bitcoin, regulation, delay, framework, regulators, cryptocurrency, digital currency
Categories: DeFi & Crypto & Web3
Countries: World
This article is part of category

DeFi & Crypto & Web3