Speaking at Elev8CON in Las Vegas on Dec. 10, Majority Leader of the California State Assembly Ian Calderon discussed plans to bring greater legal certainty for blockchain technology to the State of California.
California is the most populous of the United States, with about 40 million residents. Were it to be an independent country, it would have the fifth-largest economy in the world. Calderon explained, “The government plays a huge role in the future of the blockchain industry. We need to create consumer confidence to let people know that this industry is safe. Government regulation provides this.”