<ul><li>The California Assembly approved a bill, introduced by Assemblymember Avelino Valencia, allowing Bitcoin for state payments.</li><li>The bill, AB 1180, will establish a pilot program from July 1, 2026, to January 1, 2031, enabling the Department of Financial Protection and Innovation to accept crypto payments for licensing fees.</li><li>Assemblymember Valencia sees the bill as a way to lead digital asset innovation in California, positioning the state as a pioneer in integrating digital assets into financial operations.</li><li>The bill now moves to the Senate Rules Committee for further review before potentially becoming law, making California one of the first U.S. states to incorporate digital assets into state payments.</li></ul>

California Assembly Approves Bill to Allow Bitcoin for State Payments

Discover more