Articles for tag: Assembly Bill 1052, Bitcoin legislation, California, cryptocurrency protections, Digital Assets, digital currency development, self-custody rights

March 31, 2025

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 ...

March 19, 2025

Market News

Crypto

Minnesota Senator Shifts from Bitcoin Skeptic to Believer, Proposes Comprehensive Bitcoin Act for Cryptocurrency Regulation

Minnesota state Senator Jeremy Miller has introduced the Minnesota Bitcoin Act, marking a significant shift in his views on cryptocurrency. After engaging with constituents and conducting research, Miller now supports Bitcoin and aims to position Minnesota as a leader in cryptocurrency adoption. The bill allows the Minnesota State Board of Investment to invest state assets ...

March 19, 2025

Market News

Crypto

Minnesota Senator’s Bitcoin Act Proposal: From Skepticism to Advocacy for Cryptocurrency Regulation and Innovation

Minnesota state Senator Jeremy Miller has announced the Minnesota Bitcoin Act, reflecting his shift from skepticism to support for Bitcoin and cryptocurrencies. The proposed bill aims to boost prosperity in Minnesota by allowing the state’s investment board to include Bitcoin and other cryptocurrencies in its portfolio, similar to traditional assets. Additionally, state employees could invest ...

March 7, 2025

Market News

Crypto

Texas Senate Approves Bitcoin Strategic Reserve Bill, Boosting State’s Crypto Economy and Innovation Potential

The Texas Senate has approved the Bitcoin strategic reserve bill SB-21 with a vote of 25-5 on March 6. Senator Charles Schwertner advocated for the legislation, highlighting its potential to strengthen Texas’s financial standing through Bitcoin, which he likened to gold rather than a competitor to the US dollar. Initially introduced in January 2025 as ...

February 8, 2025

Market News

Crypto

Maryland, Iowa, and Kentucky Introduce Legislation to Establish Bitcoin Reserves for Financial Innovation and Economic Growth

Lawmakers in Maryland, Iowa, and Kentucky are pushing for new laws to establish Bitcoin strategic reserves in their states, bringing the total to 17 states considering this move. Kentucky’s House Bill 376, led by Representative TJ Roberts, aims to diversify state investment options to include Bitcoin, allowing investments in digital assets only if they have ...