Tag Archives: John Matonis

Forbes – John Matonis – Bitcoin Foundation Receives Cease And Desist Order From California – 25 June 2013

Bitcoin[Disclosure: Author serves on Board of Directors for Bitcoin Foundation.]

Directly following last month’s Bitcoin 2013 conference event in San Jose, CA that brought decent revenue into the state, California’s Department of Financial Institutions decided to issue a cease and desist warning to conference organizer Bitcoin Foundation for allegedly engaging in the business of money transmission without a license or proper authorization. Continue reading