California government is all set to write yet another law for Bitcoin and other cryptocurrencies. According to the California Assembly Bill 129, all the cryptocurrencies will be considered as “legal tender”. The bill, authored by Assemblyman Roger Dickinson, was favoured 7-1 by the state’s senate banking and financial committee. Dickson meanwhile quoted the following:
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“In an era of evolving payment methods, from Amazon Coins to Starbucks Stars, it is impractical to ignore the growing use of cash alternatives. This bill is intended to fine-tune current law to address Californians’ payment habits in the mobile and digital fields.”
ZipZap Services Resumed in UK
ZipZap, the famous cash transactions service provider, resumed its Bitcoin shopping services in more than 20,000 retails in the UK. The services became ineffective this March after British payment processor PayPoint announced to wait for Bitcoin regulations in UK. Mark Mellor, PayZone’s Director of Sales and Marketing, expressed his excitement to partner with ZipZap. He said, “We are very excited to partner with ZipZap and participate in the digital currency economy.”
Robocoin CEO Appears in Italy Parliament
Jordan Kelley, CEO of the famous Bitcoin ATM manufacturer Robocoin, is on his way to Rome, Italy. There he will be going to give a demo of the company’s machine before the parliament members. In this regard, Kelley said, “This is an opportunity to educate the authorities and have serious and relevant conversations with the Italian government. Italy is full of creators of cultural trends and has a rich history as far as banking and finance terms.”
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