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US: Governor Brown legalizes Bitcoin use with bills signature

Tuesday 1 July 2014 14:34 CET | News

Governor Jerry Brown has signed bills that recognize the legal use of Bitcoin and other digital currencies in California, latimes.com reports.

There are 15 bills to the law signed by the governor, including one that makes reference to the changing rhythm that technology has Californians doing business.

AB 129 will allow Bitcoins and other digital currency to be legally used in transactions in California by repealing a provision of state law that bars the use of digital currencies.
 


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Keywords: US, bill, Bitcoin, digital currency, crypto-currency, online payments, money transfer, legalisation
Categories: Payments & Commerce
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Countries: World
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Payments & Commerce