California, a state known for its pioneering spirit in technology, faces an obstacle in its quest to establish a robust regulatory framework for cryptocurrencies. This challenge arises from […]
California Requires Additional Funding for Cryptocurrency Licensing Law Implementation
California’s cryptocurrency licensing law implementation faces funding hurdles as its regulatory body struggles to allocate resources before its July 1, 2026 deadline. The California Department of Financial Protection […]
California Embraces Cryptocurrency for State Payments
California has taken a pioneering step towards mainstream cryptocurrency adoption by officially authorizing the use of digital assets like Bitcoin and Ethereum for state payments. This new measure, […]
California Takes a Leap Forward: Accepting Cryptocurrency for Government Payments by 2026
California is poised to become a pioneer in government cryptocurrency adoption. Assembly Bill 1180 (AB 1180), which passed the State Assembly with overwhelming bipartisan support, paves the way […]
California Takes Steps Towards Crypto Regulation with New Bill
California’s State Assembly has passed a significant bill that aims to regulate cryptocurrency payments and unclaimed digital assets, potentially setting a precedent for state-level crypto oversight. Assembly Bill […]
California Revolutionizes Crypto Taxes: State Takes Custody of Abandoned Coins
California lawmakers have sent shockwaves through the cryptocurrency market with a pair of groundbreaking bills passed this week. The legislation, which now heads to the Senate for final […]
California Law Aims to Secure Unclaimed Cryptocurrency Assets for Residents
California lawmakers recently passed AB 1052, giving state officials the authority to hold cryptocurrency assets that haven’t been claimed within three years. This action, spurred by concerns about […]
California’s New Law Protects Unclaimed Cryptocurrency
California has taken a significant step forward in regulating digital assets, passing a new bill that will protect unclaimed cryptocurrency. The AB1052 bill, officially passed by the California […]
California Assembly Approves Bitcoin Payments by 2026
The California Assembly has voted to accept Bitcoin for state payments, paving the way for a potential shift towards digital currency in government transactions. The bill, AB 1180, […]
California Becomes First State to Approve Crypto Payments for State Agencies
The California State Assembly has passed a groundbreaking bill, AB 1180, paving the way for state agencies to accept cryptocurrency payments. This landmark decision gives birth to an […]
California Enacts New Law Targeting Long-Dormant Cryptocurrency
California is taking a step towards regulating digital assets by passing legislation that treats long-dormant cryptocurrency holdings like unclaimed property. If the bill becomes law, funds left untouched […]
California Advances Unclaimed Crypto Property Bill
California’s House of Representatives has voted to advance a bill that designates dormant crypto assets as unclaimed property, sending the measure to the Senate for further consideration. The […]
California Senate Advances Bill to Clarify Crypto as Unclaimed Property
California lawmakers took a significant step forward in regulating digital assets, advancing SB 822 with the goal of clarifying the classification of cryptocurrencies as unclaimed property. This bill, […]
California May Seize Unclaimed Bitcoin: New Bill Aims for State Custody
California’s recent legislation, SB 822, proposes the potential state seizure of unclaimed Bitcoin. While not yet in effect, the bill grants the California State Controller the discretion to […]
California to Seize Unclaimed Bitcoin from Dormant Wallets
California’s Department of Financial Protection and Innovation (DFPI) is initiating a controversial initiative to seize unclaimed Bitcoin, targeting inactive cryptocurrency wallets under state escheatment laws. This move aligns […]