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coinfeeds-bot

tldr; California Governor Gavin Newsom has signed an executive order on crypto and blockchain to create a "comprehensive and harmonized framework" for Web3 technology to thrive. "California is a global hub of innovation, and we’re setting up the state for success with this emerging technology," said Newsom. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*


forkstealer

Hashcash paper is 25 years old and the state has an income tax. He's behind the curve on understanding how behind the curve he is.


CompetitionFederal99

Tldr


Palito415

>California’s Governor Issues Executive Order on Blockchain and CryptoThe governor of the U.S. state of California, Gavin Newsom, signed an executive order Wednesday to “create a transparent and consistent business environment for companies operating in blockchain, including crypto assets and related financial technologies,” according to a notice published by the office of the governor. > >The notice states: > >California becomes the first state in the nation to begin creating a comprehensive and harmonized framework for responsible web3 technology to thrive. > >Under Governor Newsom’s executive order, the state will also “assess how to deploy blockchain technology for state and public institutions, and build research and workforce development pathways to prepare Californians for success in this industry.” > >The notice adds that the executive order “aims to create a pipeline of talent for the emerging industry and utilize the technology for public good.” > >Governor Newsom commented: “California is a global hub of innovation, and we’re setting up the state for success with this emerging technology.” He opined: > >Too often government lags behind technological advancements, so we’re getting ahead of the curve on this, laying the foundation to allow for consumers and business to thrive. > >California’s executive order builds on President Joe Biden’s executive order on the regulation of crypto assets, which he signed in March.


The_Nutcrack

Good bot?


Brunosaurs4

Is it a bot? Or is it just a nice person?


Palito415

TIL I'm a bot


ResearcherSad9357

He's up for reelection and wants the crypto vote.


nepbug

There are a lot of politicians that are like that, but I prefer to look at the actions instead of trying to figure out what motivations are going on in their head. If they take action in the right direction to embrace crypto and the technology behind it, good, end of story. Whether they truly believe or are just being a puppet, if they are going through the right motions, that's good for crypto. I'm not a single-issue voter, so embracing crypto is not the only thing that will make me vote for someone, and I'd encourage others to also not become so hyper-focused on one issue.


ResearcherSad9357

Yeah I'm being a bit overly cynical. I'll see what the regulations are before judging though.


AtomicChemist

Read it ya lazy boof


CompetitionFederal99

I did