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California Working To Create Bitcoin Licensing Requirements

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One of bitcoin's biggest struggles has been a lack of regulation. Firms that use the cryptocurrency have found it difficult to appeal to the general public as the absence of government-backed regulations has made the currency appear dangerous and risky.

However, many argue that bitcoin's lack of regulation is a major part of its appeal, making it difficult for the industry to walk the fine line between making the currency safe and losing sight of its initial purpose.

Bitcoin License

In California, lawmakers have...