California Smart Contract Legislation

California

Brookings Grade: Appreciative

Bills

AB2658

Pending

 

AB2658 would create a blockchain working group to assess the risks and opportunities of blockchain technology.

 

SB838

Pending

 

SB838 would allow corporations to manage the issuances and transfers of their stock using blockchain technology.

 

SB741: Charitable raffles

Failed

 

SB741 would have prohibited the purchase of raffle tickets with Bitcoin or cryptocurrency.