California governor issues executive order on crypto as state embraces blockchain technology

California governor issues executive order on crypto as state embraces blockchain technology

California Gov. Gavin Newsom issued an executive order Wednesday on cryptocurrencies, laying out a road map for regulatory and consumer protections and examining ways the state can take advantage of blockchain technologies and digital assets.

The order is designed to “create a transparent and consistent business environment for companies operating in blockchain, including crypto assets and related financial technologies.

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