Memecoins Get Political: California Governor to Launch Token Targeting Trump’s Crypto Wealth

California governor vetoes controversial AI safety bill

Gavin Newsom vetoed SB 1048, saying that “while well-intentioned,” it could impose unnecessary restrictions on California’s emerging artificial intelligence companies.

Elon Musk backs California bill to regulate AI

Elon Musk has recently thrown his support for one of California's most controversial bills, the SB 1047, aimed at implementing rigorous safety tests for the development of artificial intelligence.

California Imposes Limits on Bitcoin ATMs Amid Rising Scams

A new California law restricts cryptocurrency ATM transactions to $1,000 daily, aiming to curb fraud. Lawmakers seek a balance between industry support and consumer protection.

California to Impose $1,000 Limit on Crypto ATM Withdrawals

California takes action against crypto scams with the introduction of new ATM withdrawal limit.

California BitLicense: Another Wave of Crypto Firms Exit?

Navigating California's cryptocurrency regulation and anticipating potential industry consequences.

California Financial Regulator Announces FTX Investigation

California becomes the first state to officially announce an investigation.

California Regulator Targets 11 Crypto Trading Desks Operating Like 'Ponzis'

California's financial regulator brought enforcement actions against 11 little-known crypto companies, alleging they stole customer funds or operated like Ponzi schemes.

Advocates Fear Another New York With California Crypto Bill Passage

California Assembly Passes ‘BitLicense’ Bill

The Digital Financial Assets Law, which is similar to New York’s BitLicense, has been criticized by industry stakeholders.

California regulator investigating crypto interest accounts

The regulator also said in its view that certain crypto interest account providers were providing unregistered securities, such as BlockFi and Voyager.