California bill legalizes alternative currencies like Bitcoin and Dogecoin

See the original posting on The Verge

Almost exactly one year ago, the state of California told The Bitcoin Foundation to stop trading or face hefty fines.

Today, Reuters is reporting that California governor Jerry Brown has passed a bill that effectively reverses the state’s stance on alternative currencies. The bill, dubbed AB 129, nullifies an older bill that made other currencies besides the dollar illegal. Here’s the exact language:

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