Signed as Law: California to Ease Banking Rules for Marijuana Businesses Despite Federal Prohibition
SACRAMENTO, Calif. (Oct 2, 2020) – On Tuesday, the California Gov. Gavin Newsome signed a bill into law that will make it easier for banks to work with marijuana businesses in the state despite federal prohibition. Asm. Reginald Jones-Sawyer (D-Los Angeles) and Asm....
Wyoming Charters First Cryptocurrency “Bank”
CHEYENNE, Wyo. (Sept. 21, 2020) – Last week, Wyoming became the first state to approve a banking carter for digital assets. By chartering a cryptocurrency firm as a bank, Wyoming gives additional support and encouragement for the use of cryptocurrencies in the...
To the Governor: California Bill to Ease Banking Rules for Marijuana Businesses Despite Federal Prohibition
SACRAMENTO, Calif. (Sept. 3, 2020) – On Sunday, the California Assembly gave final approval to a bill that would make it easier for banks to work with marijuana businesses in the state. Asm. Reginald Jones-Sawyer (D-Los Angeles) and Asm. Eduardo Garcia (D-Coachella)...