California

California Seeks to Make Blockchain Corporate Records Bill Permanent

The bill also makes amendments to the definition of "blockchain technology."

News  ·  22 March 2021

California Pension Fund Loaded Up on RIOT Shares During Bitcoin’s Q4 Rally

The largest public pension in the U.S. bought more RIOT shares for the first time since 2017.

News  ·  2 February 2021
Bitcoin

US Man Pleads Guilty to Money Laundering Charges Involving $13M in Bitcoin

During a 28-month period, Hugo Mejia illegally exchanged millions of dollars in bitcoin while attempting to hide his activity.

News  ·  1 February 2021
CoinFlash

California Governor Signs Law Bringing State ‘New Tools’ to Regulate Crypto

The now-renamed California department responsible for the regulation of financial services will soon have more powers to supervise the cryptocurrency industry.

News  ·  29 September 2020
California

California Agency Backs Green-Energy Pilot Using RSK’s Bitcoin Smart Contracts

The California Energy Commission is funding an experimental market for carbon credit trading on the RSK blockchain, which runs on top of Bitcoin.

Business  ·  7 August 2020
Money Laundering

‘Superman29’ May Do Time: California Resident Pleads Guilty to Laundering Millions Using Illegal Bitcoin ATMs

Kais Mohammad, aka “Superman29,” has agreed to plead guilty to federal charges he ran an unlicensed Bbtcoin ATM network that laundered up to $25 million.

News  ·  22 July 2020
Digital Assets

California Assembly Considers Exempting Some Digital Assets From State Securities Law

A key lawmaker in the California Assembly has proposed exempting some digital assets from the state’s definition of corporate securities.

News  ·  8 May 2020
Hacking

Student Gets 10-Year Jail Term for SIM-Swap Crypto Thefts Worth $7.5 Million

A 21-year-old student from the U.S. who stole over $7.5 million in cryptocurrency via SIM-swap hacks has been sentenced to 10 years in prison.

Policy & regulation  ·  23 April 2019
Supply Chain

IBM Blockchain Assists Groundwater Pilot in Drought-Prone California

IBM and two other organizations will marry blockchain and IoT to help manage groundwater usage in an "at-risk" Californian aquifer.

Business  ·  11 February 2019
Regulation

California Bans Bitcoin Donations in Political Campaigns

Candidates for public office in California may not receive donations in cryptocurrency, the state's political watchdog has ruled.

Policy & regulation  ·  21 September 2018
Regulation

California Legislature Finalizes Blockchain Working Group Bill

The California legislature has finalized a bill directing the state to examine blockchain technology and how to update existing law to account for it.

Policy & regulation  ·  29 August 2018
Regulation

California Is Open to Allowing Crypto Political Donations

Candidates for public office in California may soon be able to accept cryptocurrencies as donations, though the practice has not yet been codified.

Policy & regulation  ·  16 August 2018
Bitcoin

China’s Crypto Millionaires Are Using Bitcoin to Buy Real Estate Abroad

Bitcoin is flowing out of China, into California mansions – and changing global real estate patterns.

Markets  ·  21 July 2018
Money Laundering

LocalBitcoins Trader ‘Bitcoin Maven’ Sentenced to Year in Prison

A Los Angeles bitcoin trader was sentenced Monday to one year in federal prison.

Markets  ·  10 July 2018
Ethereum

Stanford University Launches New Blockchain Research Center

Stanford University launches the Center for Blockchain Research and Vitalik Buterin, the creator of Ethereum, is one of the sponsors.

Markets  ·  21 June 2018