23 Jun '13, 10pm

California issues cease and desist letter to Bitcoin Foundation

California issues cease and desist letter to Bitcoin Foundation

The bitcoin community was reeling over the weekend, after it was revealed that California’s state financial regulator had issued a cease and desist order against the Bitcoin Foundation. The cease and desist order was dated May 30, one and a half weeks after the Bitcoin 2013 conference in San Jose. The letter said that the Bitcoin Foundation may be a money transmission business (MTB), and threatened it with fines and jail time. Jon Matonis, who is a board member at the Foundation, revealed the letter in his Forbes column over the weekend. The letter threatens the Foundation with penalties of $1000 for each violation of Financial Code 2030, or $1000 per day under Financial Code 2151. Anyone violating Financial Code 2152 could also incur jail time, it said, before throwing a slew of other regulations at the Foundation. The letter, signed by Paul Clayton, senior counsel at the...

Full article: http://www.coindesk.com/california-issues-cease-and-desis...

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Bitcoin Foundation Gets Cease-And-Desist Letter...

businessinsider.com 23 Jun '13, 8pm

The Bitcoin Foundation has received a cease-and-desist letter from the California Department of Financial Institutions, Fo...

California sends cease and desist letter to Bit...

wired.co.uk 24 Jun '13, 9am

California's Department of Financial Institutions has issued a cease and desist letter to the Bitcoin Foundation for "alle...

California sends a cease and desist order to th...

arstechnica.com 23 Jun '13, 9pm

California's Department of Financial Institutions has issued a cease and desist letter to the Bitcoin Foundation for "alle...

California issued cease and desist order against Bitcoin Foundation

California issued cease and desist order agains...

thehackernews.com 24 Jun '13, 8am

The Bitcoin Foundation has received a cease-and-desist letter from the California Department of Financial Institutions, wh...

California Sends a Cease and Desist Order To th...

yro.slashdot.org 24 Jun '13, 6am

"California's Department of Financial Institutions has issued a cease and desist letter to the Bitcoin Foundation for "all...

Bitcoin Foundation Receives Cease And Desist Or...

forbes.com 23 Jun '13, 3pm

Directly following last month’s Bitcoin 2013 conference event in San Jose, CA that brought good revenue into the state, Ca...

My comment on "Bitcoin Foundation Receives Ceas...

forbes.com 23 Jun '13, 3pm

Directly following last month’s Bitcoin 2013 conference event in San Jose, CA that brought good revenue into the state, Ca...

Bitcoin Foundation hit with cease and desist order

Bitcoin Foundation hit with cease and desist order

net-security.org 24 Jun '13, 2pm

The Bitcoin Foundation has received a cease and desist letter from the California Department of Financial Institutions, sa...

Bitcoin Foundation Receives 'Cease and Desist' ...

cnbc.com 24 Jun '13, 1pm

Not-for-profit organization the Bitcoin Foundation has been sent a "cease and desist" letter from California's financial r...

Bitcoin Foundation ordered to cease operations in California

Bitcoin Foundation ordered to cease operations ...

news.cnet.com 24 Jun '13, 12am

The Bitcoin Foundation, a nonprofit organization devoted to promoting best practices for the virtual currency, has been or...

Bitcoin Foundation ordered to cease operations in California

Bitcoin Foundation ordered to cease operations ...

news.cnet.com 24 Jun '13, 12am

The Bitcoin Foundation, a nonprofit organization devoted to promoting best practices for the virtual currency, has been or...

Bitcoin Foundation ordered to cease operations in California

Bitcoin Foundation ordered to cease operations ...

news.cnet.com 24 Jun '13, 1am

The Bitcoin Foundation, a nonprofit organization devoted to promoting best practices for the virtual currency, has been or...

California orders Bitcoin Foundation to "cease ...

wired.com 24 Jun '13, 7pm

The California regulator that oversees the state’s banks, money-transmitters and credit unions thinks the nonprofit organi...

Bitcoin Foundation Receives Cease And Desist Or...

techmeme.com 23 Jun '13, 5pm

Bitcoin Foundation Receives Cease And Desist Order From California — Directly following last month's Bitcoin 2013 conferen...

Bitcoin Foundation comes under fire in California

Bitcoin Foundation comes under fire in California

venturebeat.com 23 Jun '13, 8pm

July 9-10, 2013 San Francisco, CA Tickets On Sale Now Government authorities increasingly view digital currencies, namely ...