🚨 Gavin Newsom has vetoed AB2269 (which would have introduced a “Bitlicense type” digital asset license requirement for crypto companies with CA customers). Good news for the industry 👏 pic.twitter.com/69hBkivwDE
— Hailey Lennon (@HaileyLennonBTC) September 24, 2022
We applaud Gov @GavinNewsom's veto of Assembly Bill 2269. By vetoing this bill, and remaining true to the spirit and intent of his EO, California’s status as a crypto innovation leader remains a shining example for the rest of the country.
Our statement: https://t.co/SEPJQtZYhu
— Blockchain Association (@BlockchainAssn) September 24, 2022
Gov. @GavinNewsom deserves serious respect for making the right call by vetoing AB2269, the BitLicense copycat bill that passed the California legislature by a wide margin (71-0 in the Assembly).
That takes guts, & he did it for all the right reasons. 👏https://t.co/DPSsXLmGY2
— Jake Chervinsky (@jchervinsky) September 24, 2022
The cryptocurrency market is under-regulated at best and deliberately rigged against everyday consumers at worst. A financial market cannot be considered healthy if there are no guardrails in place to protect consumers from scams & bad actors. My statement on the veto of AB 2269: pic.twitter.com/etEDRq2I4g
— Tim Grayson (@AsmGrayson) September 24, 2022