Published on August 17th, 2015 | by bitcoin0
Proposed California Digital Currency Business Licenses Cause Tensions Between EFF and Coin Center
But with the proposed California law, the two organizations have taken two separate forks in the advocacy road, with Coin Center supporting the California legislation and EFF adamantly opposed.
Coin Center supports while EFF opposes proposed California law
Coin Center is now supporting the proposed California legislation, saying it is the best possible compromise under the circumstances and would prevent a worse law – the current money transmission law – from being the default in regulating bitcoin.
“Everybody — even Coin Center — acknowledges that this bill has serious flaws,” EFF Activism Director Rainey Reitman told Bitcoin Magazine.
“But the biggest problems aren’t for large, established Bitcoin companies like those backing Coin Center.
“Coin Center has been transparent from the start when it comes to bill AB 1326,” Van Valkenburgh said.