“Directly following last month’s Bitcoin 2013 conference event in San Jose, CA that brought good revenue into the state, California’s Department of Financial Institutions decided to issue a cease and desist warning to conference organizer Bitcoin Foundation for allegedly engaging in the business of money transmission without a license or proper authorization. If found to be in violation of California Financial Code, penalties can be severe ranging from $1,000 to $2,500 per violation per day plus criminal prosecution which could result in fines and/or imprisonment.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Why I REALLY Moved to Puerto Rico, and You Should Too
Gold exports in June slump 70% in India
Street Smarts with Jim Rogers
88% of Missing Sex Trafficked Kids Come from US Foster Care
10 things the FBI won’t fire you for
Elite Body Sculpture Becomes World’s First Cosmetic Surgery Center to Accept Bitcoin
New York immigration judge halts deportation of married gay man
State Threatens to Take Baby Over Homemade Goat Milk Formula
Did Romney disqualify himself by accepting foreign cash?
‘Campaign to Stop Killer Robots’ calling for ban on ‘fully autonomous weapons’
Gary Raney: The Slave-Catching Sheriff of Ada County, Idaho
Ron Paul's Choice for Fed Chairman James Grant on Gold & Silver's Latest Sell-Off
Georgia Court Smacks Down Police Argument That Traffic Stop Was 'Voluntary'
Medical marijuana proprietor gets 10-year prison sentence
State of Emergency Declared in Michigan City After Lead Found in Children’s Blood