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Home » Unlabelled » California Considers Banning Bitcoin For Charity Raffles, Troubling Attitude to Crypto Revealed

California Considers Banning Bitcoin For Charity Raffles, Troubling Attitude to Crypto Revealed

California Considers Banning Bitcoin For Charity Raffles, Troubling Attitude to Crypto Revealed
California’s legal approach to Bitcoin looks not entirely supportive as a prominent member of its Senate attempts to ban its use for certain transactions.
A bill currently going through the State Senate related to charitable organizations specifically mentions Bitcoin and cryptocurrency.
On the somewhat obscure topic of sales of raffle tickets, Senator Tony Mendoza explicitly included the language that these “shall not be sold in exchange for Bitcoin or any other cryptocurrency.”
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