California Gov. Newsom vetoes crypto licensing and regulatory framework

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California Gov. Newsom vetoes crypto licensing and regulatory framework
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We were this close: California Governor Gavin Newsom refused to sign a bill establishing a licensing and regulatory framework for digital assets.

Letter of rejection from Gov. Mewsom. Source: leginfo.legislature.ca.gov

“It is premature to lock a licensing structure in statute without considering both this work and forthcoming federal actions.”

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