According to many bitcoin proponents, the bill AB 1123 is nearly an exact copy of the AB 1326 California bitlicense which was defeated over the past two years. Also read: Mexico’s Government Officials Discuss Plans to Regulate Bitcoin. The California Bitlicense Returns, With Barely Any Changes. California lawmakers are currently contemplating implementing a bitcoin-focused business license ... AB 1326 received mixed opinions from the Bitcoin community. John Light, Founder of BitSeed, petitioned for its withdrawal, stating that “mandatory, top-down, one-size-fits-all regulations such ... California assemblymember of the 45th Assembly District, Matt Dababneh, responded to criticisms from the Electronic Freedom Foundation (EFF) on AB 1326, a bill he sponsored that would propose new ... The highly controversial California AB 1326, often referred to as “California’s BitLicense” has failed to pass in the Legislature. The bill, which would require Bitcoin many Bitcoin ... Idea for ENJBTC inverse head and shoulders forming buy zone around 1200 sell zone around 1329 AB-1326 was first submitted to the California legislature on February 27 by assemblymember Matt Dababneh, a democrat from the Encino neighborhood of Los Angeles. On March 23 the bill was referred to the committee on banking and finance, where Dababneh also serves as chair. It was amended and re-referred to the same committee again on April 21. The highly controversial California AB 1326, often referred to as “California’s BitLicense” has failed to pass in the Legislature. The bill, which would require Bitcoin many Bitcoin businesses operating in California to apply for a state-issued License, failed to pass before the September 11 deadline.
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