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[liberationtech] CA Money Transmission Act Update

Aaron Greenspan greensp at stanford.edu
Sat Jul 6 16:11:12 PDT 2013


Hi everyone,

In case you're interested, I've written an update about the current status of the California Money Transmission Act here, complete with links to the hearing video:

http://www.aarongreenspan.com/writing/essay.html?id=90

If you're not already familiar with the MTA, it's the basis for the California Department of Business Oversight (formerly Financial Institutions)'s recent cease and desist order directed at the Bitcoin Foundation. It's also the reason why my commercial mobile payment system was forced to shut down two years ago.

Aaron


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