California Expands Digital Asset Legislation with ‘Bitcoin Rights’ in New Bill: A Landmark Move for Cryptocurrency Enthusiasts
A Californian lawmaker has introduced important protections for Bitcoin and cryptocurrency investors in a bill initially focused on money transmission. This legislation, now known as Assembly Bill 1052 or “Digital Assets,” aims to secure the rights of nearly 40 million Californians to self-custody their digital assets. Key provisions include recognizing digital currencies as valid payment ...