Blockchain Association Applauds Governor Newsom’s Veto of A.B. 2269

Washington, D.C. (Sept. 23, 2022) – The following statement is attributed to Kristin Smith, Executive Director of Blockchain Association: 

“We applaud Governor Newsom’s veto of California Assembly Bill 2269, which threatened to choke innovation and stop California’s burgeoning crypto industry in its tracks. As the crypto industry’s leading trade association, we were proud to draw attention to this issue and spearhead efforts to encourage this misguided bill’s veto. By vetoing this bill, and remaining true to the spirit and intent of Governor Newsom’s Executive Order N-9-22, California’s status as a crypto innovation leader remains a shining example for the rest of the country.”