LogoBlack
ENarrow-down
  • JP
  • EN
Crypto

California Assembly Passes Bill to Accept Bitcoin Payments, Moves to Senate

2025/06/04 18:19 (Updated 2025/06/05 05:01)
CoinPost
Written by L.Kikutani
SHARE
  • sns-x-icon
  • sns-facebook-icon
  • sns-line-icon
California Assembly Passes Bill to Accept Bitcoin Payments, Moves to Senate

The Case of California

On June 4th, the California State Assembly unanimously passed Bill AB1180, which enables the state government to accept payments in Bitcoin (BTC) and other cryptocurrencies. The bill has now moved to the Senate for deliberation and, if enacted, will be effective from July 1, 2026, to January 1, 2031.

The bill, introduced by Assemblymember Valencia, mandates the California Department of Financial Protection and Innovation to establish regulations that facilitate payments in digital financial assets. The department is required to report on the number and value of cryptocurrency transactions processed, as well as the technical and regulatory challenges encountered, by January 1, 2028.

SHARE
  • sns-x-icon
  • sns-facebook-icon
  • sns-line-icon
Side Banner
Side Banner
MAGAZINE
Iolite Vol.14

Iolite Vol.14

July 2025 issueReleased on 2025/05/30

Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.14

July 2025 issueReleased on 2025/05/30
Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.