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California will regulate bitcoin ATMs under state law
The City of Chico, California is looking to get a combination of state legislation and local ordinances to better regulate Bitcoin ATMs or ATMs. During a local government committee discussion held on August 7, Butte County Chief Administrative Officer Andy Pickett spoke about the ongoing regulation of Bitcoin. Pickett reported on recent state-level legislation aimed at limiting cases of fraud associated with Bitcoin ATMs. In October 2023, an investigation by the California legislature found that...
2024-08-07 08:50:39
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