Tag: Bitcoin
California Companies Stop Using Bitcoin Following Crash of Cryptocurrency
Since early May, the usage and investment in Bitcoin and other cryptocurrencies has plummeted worldwide. The most popular, Bitcoin, has gone from a high of a coin being worth $67,582 in November 2021 to under $50,000 in December, under $30,000...
Bill To Allow Californians To Pay For Government Services With Cryptocurrencies Introduced in Senate
A bill to allow the California government to begin accepting cryptocurrency such as Bitcoin as payment for services by state agencies began discussion in the Senate this week following its introduction last Friday. Senate Bill 1275, authored by Senator Sydney...
Jack Dorsey Talks Green but Backs Energy Hog Bitcoin
With California literally on fire, it’s a good opportunity to look at the enormous gulf between Big Tech talk and action when it comes to climate change. With crypto having entered the vernacular to the point that CNBC now runs...
Digital Asset Regulatory Bill Passes Senate Committee 7-0
On Thursday, a bill that would begin feasibility studies into regulating and classifying the virtual currency industry passed the Senate Banking and Financial Institutions Committee unanimously 7-0. AB 2150 and the digital currency industry in California Assembly Bill 2150, authored...