News Column

Bitcoin Finally Legal in California

June 30, 2014

ANI

Bitcoin (file image)
Bitcoin (file image)

Washington, June 30 (ANI): California governor Jerry Brown has passed a bill that legalizes alternative currencies like Bitcoin and Dogecoin.

The bill, dubbed AB 129, nullifies an older bill that made other currencies besides the dollar illegal. The bill makes clarifying changes to current law to ensure that various forms of alternative currencies or other objects of monetary value do not violate the law when those methods are used for the purchase of goods and services, The Verge reported.

State Assemblyman Roger Dickinson said that in an era of evolving payment methods, from Amazon Coins to Starbucks Stars, it is impractical to ignore the growing use of cash alternatives. (ANI)

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Original headline: Now, California legalizes alternative currencies like Bitcoin, Dogecoin: Report


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