“California Gov. Jerry Brown signed a bill that legalizes the use of Bitcoin and other digital currencies, reversing what backers called an outdated prohibition against use of alternative currencies.  The bill, dubbed AB 129, ensures that various forms of alternative currencies such as digital currencies, coupons, and points are legal for use to purchase goods and services in the state. The new law repeals a provision in existing state law that prohibits anything but US currency being used for commerce.  The Bitcoin Foundation, a nonprofit devoted to promoting best practices for the virtual currency, was ordered last year to cease operations in California, or face hefty fines.”

http://www.cnet.com/news/california-governor-signs-bill-legalizing-bitcoin-other-digital-currencies/

Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

Donate via Installed Wallet Copy