California Advances Bitcoin Rights Bill, Protecting Investor Protections

California lawmakers have taken a significant step forward in advancing crypto security and investor rights with the introduction of a new bill amending its digital assets regulations. The original Money Transmission Act was revised in March 2025 to become the ‘Digital Assets’ act, incorporating provisions specifically related to Bitcoin (BTC) investor protection. This amendment, championed by Assembly Member Avelino Valencia, aims to ensure that Californians can securely own and manage their crypto without facing discrimination. The bill is currently being reviewed and could pave the way for a national blueprint of cryptocurrency regulation.