California Governor Gavin Newsom Vetoed 'BitLicense' Bill

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California Governor Gavin Newsom Vetoed 'BitLicense' Bill

Watch CoinDesk Video: California Governor Gavin Newsom Vetoed 'BitLicense' Bill.
California Governor Gavin Newsom (D) vetoed a bill that would have created a licensing regime for anyone hoping to facilitate crypto transactions, likening it to how money transmissions are currently overseen by the Money Transmission Act. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down what this means for crypto regulation.

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