{"id":4042,"date":"2022-05-10T23:03:12","date_gmt":"2022-05-10T23:03:12","guid":{"rendered":"http:\/\/www.cryptoheretostay.com\/?p=4042"},"modified":"2022-05-10T23:03:13","modified_gmt":"2022-05-10T23:03:13","slug":"california-governor-newsom-signs-executive-order-on-crypto-blockchain-and-web3","status":"publish","type":"post","link":"https:\/\/cryptoheretostay.com\/?p=4042","title":{"rendered":"California Governor Newsom Signs Executive Order on Crypto, Blockchain, and Web3"},"content":{"rendered":"<p> <script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"crypto\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<\/p>\n<p><strong>California Governor Gavin Newsom has signed an executive order on crypto and blockchain to create a comprehensive and harmonized framework for Web3 technology to thrive. \u201cCalifornia is a global hub of innovation, and we\u2019re setting up the state for success with this emerging technology,\u201d said the governor.<\/strong><\/p>\n<h2>California\u2019s Governor Issues Executive Order on Blockchain and Crypto<\/h2>\n<p>The governor of the U.S. state of California, Gavin Newsom, signed an executive order Wednesday to \u201ccreate a transparent and consistent business environment for companies operating in blockchain, including crypto assets and related financial technologies,\u201d according to a notice published by the office of the governor.<\/p>\n<p>The notice states:<\/p>\n<p>California becomes the first state in the nation to begin creating a comprehensive and harmonized framework for responsible web3 technology to thrive.<\/p>\n<p>Under Governor Newsom\u2019s executive order, the state will also \u201cassess how to deploy blockchain technology for state and public institutions, and build research and workforce development pathways to prepare Californians for success in this industry.\u201d<\/p>\n<p>The notice adds that the executive order \u201caims to create a pipeline of talent for the emerging industry and utilize the technology for public good.\u201d<\/p>\n<p>Governor Newsom commented: \u201cCalifornia is a global hub of innovation, and we\u2019re setting up the state for success with this emerging technology.\u201d He opined:<\/p>\n<p>Too often government lags behind technological advancements, so we\u2019re getting ahead of the curve on this, laying the foundation to allow for consumers and business to thrive.<\/p>\n<p>California\u2019s executive order builds on President Joe Biden\u2019s executive order on the regulation of crypto assets, which he signed in March.<\/p>\n<p>Tags in this story<\/p>\n<p>California Executive Order, California governor Newsom, executive order crypto, Gavin Newsom, Gavin Newsom blockchain, Gavin Newsom crypto, Newsom bitcoin, Newsom cryptocurrency, Newsome Bitcoin, Newsome cryptocurrency, Web3<\/p>\n<p><em><strong>What do you think about California issuing an executive order on crypto, blockchain, and Web3? Let us know in the comments section below.<\/strong><\/em><\/p>\n<p>Kevin Helms <\/p>\n<p class=\"article__body__author__info__about\">\nA student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.<\/p>\n<p><i class=\"td-icon-font td-icon-mail-1\"\/><\/p>\n<p class=\"images_credits\"><em>Image Credits: Shutterstock, Pixabay, Wiki Commons<\/em><\/p>\n<p><strong>Disclaimer<\/strong>: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.<\/p>\n<p>More Popular NewsIn Case You Missed It<\/p>\n<p><script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"bitcoin\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<br \/><a href=\"https:\/\/news.bitcoin.com\/california-governor-newsom-signs-executive-order-on-crypto-blockchain-and-web3\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>California Governor Gavin Newsom has signed an executive order on crypto and blockchain to create a comprehensive and harmonized framework for Web3 technology to thrive. \u201cCalifornia is a global hub of innovation, and we\u2019re setting up the state for success with this emerging technology,\u201d said the governor. California\u2019s Governor Issues Executive Order on Blockchain and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4043,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_wp_rev_ctl_limit":""},"categories":[1],"tags":[],"class_list":["post-4042","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-updates"],"_links":{"self":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/4042","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4042"}],"version-history":[{"count":1,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/4042\/revisions"}],"predecessor-version":[{"id":4044,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/4042\/revisions\/4044"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/media\/4043"}],"wp:attachment":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}