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Tuesday, 15 July 2014

California’s Bill To Make BitCoin “Lawful Money” Awaits Governor’s Signature








While the value of Bitcoin continues to hover at prices quite a bit lower than the record heights reached late last year, the popularity and acceptance continue to reach new records virtually every day. The latest evidence comes from the golden state of California, where Assembly Bill 129 has managed to navigate a hurdle-filled path through committees, the General Assembly of representatives, and the Senate floor. Having successfully completed the challenging journey, the bill now sits on the Governor’s desk where it awaits its final step before becoming law – the signature of the Jerry Brown.

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