Tag: california

  • ASICS
    Industry

    $5 Million Lawsuit Claims Bitmain Mined at Expense of U.S. Customers

    Gor Gevorkyan, a Los Angeles resident, has filed a lawsuit against Bitmain for allegedly mining cryptocurrency at his expense. The class action claims that bitcoin mining giant had redesigned its ASIC devices “to mine crypto currency for the benefit of itself rather than its customers who purchase the...

    Ricardo Esteves | November 27, 2018 | 10:00 am
  • midterms
    Bitcoin

    U.S. Midterms: Bitcoin-Friendly Politicians Elected in Colorado, California

    To many crypto savants, the modern political scene, which promotes centralization and censorship in some cases, is far from a topic of importance. But, as Tuesday’s U.S. midterm poll results have started to roll in, the ears of cryptocurrency enthusiasts have metaphorically perked up, as it was unexpectedly divulged...

    Nick Chong | November 7, 2018 | 2:00 pm
  • Bitcoin
    Bitcoin

    California’s Campaign Watchdog Bans Political Donations with Bitcoin

    The Fair Political Practices Commission, California’s campaign watchdog arm, has voted 3-1 to ban political donations with any cryptocurrency, including Bitcoin, because of transparency issues. The vote follows similar decisions made by other states in the country such as South Carolina. Others, like Colorado and Montana, allow cryptocurrency donations with...

    Ricardo Esteves | September 21, 2018 | 9:00 pm
  • Industry

    Lafayette, Louisiana’s Mayor-President Reveals Plans to Create a Municipal Digital Currency and Accompanying ICO

    Joel Robideaux, Mayor-President of Lafayette, Louisiana, announced yesterday that the city-parish government is considering creating its own digital currency and holding an accompanying initial coin offering (ICO). Doing so would position Lafayette to follow the lead of Berkeley, California, which earlier this year revealed plans to create a...

    Thomas Delahunty | April 14, 2018 | 4:49 pm
  • blockchain
    Blockchain

    California Largest State to Recognize Blockchain Records

    California millennial Assemblyperson recently pushed a bill to recognize digital signatures and contracts recorded on the blockchain, making California one of several US States using or considering implementing the technology. Millennial Assemblyperson Pushes Bill Assemblymember Ian Calderon (D-Cal), who was elected to the state assembly at the age of 27 as...

    John McMahon | February 23, 2018 | 7:00 am
  • berkeley
    Blockchain

    Berkeley, CA Developing Own Cryptocurrency And Accompanying ICO

    In attempts to establish more financial independence from the Trump administration, Berkeley, California is in the preliminary stages of launching its own cryptocurrency. The coins would be backed by municipal bonds — a security that local governments issue in order to pay for public projects — and distributed...

    Thomas Delahunty | February 9, 2018 | 12:00 am
  • NewsBTC AB 1123
    Bitcoin

    California’s Version of BitLicense Returns As Legal Proposal

    Policymakers continue to oppose bitcoin and cryptocurrencies in certain regions of the world. California legislators have tried to introduce their version of BitLicense a while ago. Luckily, those plans were shot down relatively quickly, not once, but twice. It appears a new proposal under the name AB 1123...

    JP Buntinx | April 25, 2017 | 11:00 am
  • BitLicense

    California to Get Its Own Version of BitLicense

    The State of California is all set to follow New York’s footsteps. The Golden State has drafted a new digital currency regulation along the lines of New York’s BitLicense, and it will be voted upon soon. The California Bitcoin License assembly bill – AB 1326 – was first introduced by...

    Gautham | August 9, 2016 | 9:30 pm

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