Gavin Newsom signed two bills into law that will impose sweeping obligations on companies engaged in virtual currency activities in California. Buy, transfer, and sell cryptocurrencies: Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and the new PayPal stablecoin, PayPal USD (PYUSD).The Law is California's first comprehensive framework to regulate the digital asset market in the state, including specific provisions for stablecoins. Common ways to buy Bitcoin include Bitcoin wallets, centralized cryptocurrency exchanges, certain traditional brokers and Bitcoin ETFs. When a customer wishes to purchase cryptocurrency, the customer inserts cash and immediately receives cryptocurrency that __________ owns. Learn more about the best crypto and Bitcoin exchanges in California in 2024 here and explore your options. There are two common ways to accept crypto as a merchant: through a crypto wallet or gateway. It's a simple way to embed crypto purchases directly into your checkout flow. It's a simple way to embed crypto purchases directly into your checkout flow. California does not have any specific laws about funding a buysell agreement with cryptocurrency.