JorgeStolfi
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June 29, 2014, 01:47:44 PM

"Gov. Brown signs bills legalizing Bitcoins use, other legislation.
AB 129 will allow Bitcoins and other digital currency to be legally used in transactions in California by repealing a provision of state law that bars the use of "anything but the lawful money of the United States."
[ ... ]
http://www.latimes.com/local/political/la-pc-brown-legis-20140628-story.html

Does that law mean that the Bitcoin Network now needs a money transmission license from California to accept transactions from that state? 

(This is not entirely a "Grin" question... having bitcoin classified as money may bring problems as well as benefits.  And doesn't it contradict the IRS stance that bitcoins are property, not money?)

That law looks like something that Brock Pierce (California resident AFAIK, and former boss of the game money market) may have wanted.