Join the larget crypto conference of 2024 in Bitcoin

Law will allow Californian politicians to accept crypto

Law will allow Californian politicians to accept crypto 2

All the political candidates in California will be allowed to accept donations in cryptocurrencies.

California is a state in the Western United States. The total population of California is 39.2 million. This state showed significant highly friendly behavior toward this innovative industry. In 2014, the regulatory bodies of California introduced a regulatory framework for crypto companies to deal with digital assets with traditional banking services, So it is enough to explain the Crypto friendly behaviour of California State.

On 21 July, LA Times reported that California’s Fair Political Practices Commission approved a new law to allow the state politicians to accept donations in cryptocurrencies as an option during campaigns. 

This law will come into effect after 60 days and politicians will be required to swap the accepted crypto donation in fiat directly. 

   -----Cryptonews AD----->>> 

BYBIT - Copy Trading

Sign up for a Bybit account and claim exclusive rewards from the Bybit referral program! Plus, claim up to 6,045 USDT bonus at .

  <<<-----Cryptonews AD-----  


Under the approved law, politicians will also be required to take the help of registered crypto payment processors, to make things fully transparent under the KYC details exposures.

Crypto-friendly South Korean politicians

The past couple of years showed that South Korean government agencies introduced highly strict rules and regulations on the crypto industry, to prohibit the illegal activities associated with cryptocurrencies.

In particular, South Korea also allowed politicians to accept donations in cryptocurrencies, during their campaigns. 

Interestingly two South Korean presidential candidates promised to support the crypto industry with friendly crypto laws.  

Yoon Suk-yeol, present president of South Korea, promised to bring ICOs projects again into the Korean crypto industry under the precise regulatory framework.

In May of this year, the Terra ecosystem collapsed under an extreme volatility situation. Two tokens Luna & stablecoin UST of the same project collapsed into zero-value assets.  Now Korean government agencies are working to establish a new agency to bring those crypto projects into light that are not based on an ideal business model.

Read also: Cardano’s stablecoin grabs 35 new partnerships ahead of its mainnet launch

Law will allow Californian politicians to accept crypto






Ads by Cryptonews24


ETH-ERC20 Mining and Financial Management

ETH-ERC20 Mining and Financial Management

✅ Minimum Investment: 10 USDT.
✅ Minimum withdrawal: 1 USDT.
✅ Withdrawal time: 24h.
✅ Withdrawal day: Everyday.
✅ 5% cashback on first investment.
✅ daily profit 6-11.5% on your investment (Profit will be added every hour in your wallet).
✅ Get up to 10% referral Bonus.

The output of liquid mining is not constant and may be affected by the liquidity of the blockchain. The expected daily production income:


✅ VIP2: DEPOSIT 10001~50000 USDT GET 2.5% EVERYDAY


✅ VIP4: DEPOSIT 100001~200000 USDT GET 4% EVERYDAY

✅ VIP5: DEPOSIT 200001~500000 USDT GET 5% EVERYDAY

✅ VIP6: DEPOSIT 500001~1000000 USDT GET 7% EVERYDAY



📌 You must open wallet  (Metamask, Tronlink e.t.c. ) and connect it,  for earning income




ETH-ERC20 Mining and Financial Management


Support Telegram Group:


Ads by Cryptonews24




Risk Reminder:
Trading foreign exchange and/or contracts for differences on margin carries a high level of risk and may not be suitable for all investors.
The possibility exists that you could sustain a loss in excess of your deposited funds.
Before deciding to trade the products reviewed by, you should carefully consider your objectives, financial situation, needs and level of experience.
You should be aware of all the risks associated with trading on margin. provides general news and advice that does not consider your objectives, financial situation or needs.
The content of this website must not be construed as personal advice. recommends you seek advice from a separate financial advisor.
Nothing on this website should be considered financial advice.
This website is for informational purposes only and you should not rely on anything that is printed or said on this website to make any financial decisions.


Please follow and like us:

Social media & sharing icons powered by UltimatelySocial