2W
...
California is making bold moves toward embracing cryptocurrency as the state’s Assembly has unanimously passed Assembly Bill 1180 with a 68-0 vote. The bill now heads to the Senate and aims to allow digital currencies for paying state fees under the Digital Financial Assets Law. If approved and signed into law the new rules would take effect on July ,1 2026 with a pilot program running until January 1, 2031.
The Department of Financial Protection and Innovation will be responsible for implementing crypto payment systems. The agency must also submit a report by January 1, 2028 that includes data on all crypto transactions and outlines any technical or regulatory issues faced. AB 1180 could place California alongside states like Florida and Colorado which have already started accepting crypto for public payments.
A companion bill AB 1052 also known as the “Bitcoin rights” bill is gaining momentum. It supports crypto self-custody and bans local restrictions or taxes based solely on using digital assets for payments.
