California Could Soon Accept Crypto Payments After Assembly Vote

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California is one step closer to allowing cryptocurrency payments for state services after the Assembly passed AB 1180 in a 68-0 vote.

Sponsored by Assemblymember Avelino Valencia, the bill directs the DFPI to create a framework for crypto transactions, with a pilot program running until 2031.

If enacted, California would follow states like Florida and Colorado in adopting digital currency payments.

The move could streamline government transactions and position California as a leader in financial innovation.

Louis Adams https://www.satoshihodler.com

I am an experienced crypto news writer. I have been in the industry for many years and believe this tech can bring financial freedom to everyone.