California Gov. Newsom Issues Executive Order for Crypto Business Rules

  • 📰 WSJ
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

California is one of the first states to begin creating a comprehensive regulatory framework for crypto and blockchain technology

California Gov. Gavin Newsom issued an executive order on Wednesday aimed at fostering the development of the crypto industry within the state.

Gov. Newsom’s order didn’t get into specifics, but said it would create a regulatory framework for the industry that would both foster innovation and protect consumers, look at ways to implement the technology within the state and public institutions, and build out research and workforce-development infrastructure.

Industry groups lauded Gov. Newsom’s initiative. “The California executive order rightly recognizes the role blockchain technologies play in spurring job growth and economic competitiveness for the state,” said Perianne Boring, founder and chief executive officer of the Chamber of Digital Commerce. The order also acknowledges the need to have California’s approach be consistent with the developing federal approach. In March,directing several federal agencies to conduct a broad review of cryptocurrencies.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

WhiteHouse its time to target ur Electic vehicle A La TheDemocrats to RECHARGED ,PRIMED WITH VALIDATED PRUDENT DELEGENT Batteries if HillaryClinton opts out of 2024USA then YOUNG BATTERIES with likes of PeteButtigieg amyklobuchar GavinNewsom is CONNECTED 100% NOW 05112024

Not very green. Hypocrisy exposed,

Bye bye real crypto, welcome digital programable USD. :(

More Californians then now will use $COIN and $HOOD 🤭🆙🚀📈🎉🎊🏃🏻💨💨💨

🇨🇭09:30-Swiss inflation up to 2,5% in April. Switzerland's annual inflation rate stood at 2,5% in April,the country's Federal Statistical Office said in a report today. The figure is slightly up from March's inflation rate of 2.4%.On a monthly basis, the CPI rose 0.4% from March.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in BUSİNESS

Business Business Latest News, Business Business Headlines