AB 39 & SB 401: An Analysis Of Pending California Legislation For Bitcoin Exchanges

AB 39 & SB 401: An Analysis Of Pending California Legislation For Bitcoin Exchanges

In the heart of Sacramento, a quiet drama unfolds. As California’s legislative session concludes, two pivotal crypto regulatory bills, AB 39 and SB 401, stand on the cusp of becoming state law. These developments carry profound implications for the bitcoin and broader crypto industry, transcending California’s borders to influence future regulatory paths across other states in the United States, continuing the Golden State’s role as a bellwether for regulatory oversight.
Based here in Sacramento, we at BitAML have been on the frontlines, engaging elected officials and other key stakeholders in and around the Capitol. It has been a humbling and eye-opening experience to be part of the process. We’ve testified in support of consumer protection, sensible regulation, and innovation; educated policymakers about bitcoin and existing regulatory and compliance requirements; and, demystified an industry that many were first introduced to in the form of negative headlines.
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We współpracy z: https://bitcoinmagazine.com/legal/ab-39-sb-401-an-analysis-of-pending-california-legislation-for-bitcoin-exchanges

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