California Governor Signs Into Law The Use of Alternative Currencies Such as Bitcoin

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We wrote a couple days ago about an alternative currency bill that was off to Governor Jerry Brown of California for his signature. Governor Brown has signed it into law.

NewsBtc.com reported”

We’ve been discussing a bill that’s been making its rounds through the legal system in California, and as of this weekend, it’s been signed into law by Governor Jerry Brown just days after the news that lawmakers in the Golden State had passed it.

That bill [also referred to as AB-129]– as we’ve discussed previously — effectively makes it simpler for state residents to use alternative currencies by nullifying an old bill that deemed anything but the use of the United States dollar as legal.

These alternative currencies include but are not limited to Starbucks Stars, Amazon Coins, and yes, even bitcoin and other cryptographic currencies.

Read the full article here

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