The California State Assembly has passed Assembly Bill 1180 (AB 1180) allowing state agencies to accept cryptocurrency payments. The bill, which received a unanimous 68-0 vote on June 2, will be reviewed by the Senate and, if approved, could be signed into law by Governor Gavin Newsom. The measure requires the Department of Financial Protection and Innovation (DFPI) to create guidelines for accepting cryptocurrency for state fees and transactions under the Digital Financial Assets Law (DFAL). The bill's effective date is set for July 1, 2026, with a pilot program running until January 1, 2031. Additionally, AB 1180 mandates the DFPI to report on crypto transactions processed by January 1, 2028. This legislation aims to position California alongside other states that have adopted crypto for certain payments. The assembly also is considering AB 1052, which focuses on establishing self-custody rights for residents in relation to digital assets.

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