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Published 2 years ago

California Gov. Newsom vetoes crypto licensing and regulatory framework

Summary by Ground News
California Governor Gavin Newsom refused to sign a bill that would establish a licensing and regulatory framework for digital assets. Assembly Bill 2269 sought to allow the issuance of operational licenses for crypto companies in California. Newsom highlighted that he waits for federal regulations to come into sharper focus before working with the Legislature.

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