The California Council passed the General Assembly Act 1180 (AB 1180) and opened a way for encryption payment to accept government fees and services. Unanimous 68-0 votes are now heading to the Senate, and if approved, California can be one of the most encryption-friendly states in the United States.
Encryption payment is one step closer to reality.
The AB 1180 will approve the California Financial Protection and Innovation Bureau to create rules so that the California Financial Protection and Innovation Bureau (DFPI) can accept cryptocurrencies such as Bitcoin and Ether Lee by paying under the Digital Financial Asset Act (DFAL). If the Senate passed and the Governor of Gavin Newsom signed, the law will be implemented on July 1, 2026, and a pilot program will be held until January 2031.
The DFPI, which supervises the state’s financial services and encryption businesses, must track all encryption transactions and reports, including all encryption transactions, regulations and technical issues by 2028, which follow similar movements in states such as Florida, Colorado and Louisiana.
California is also the largest investor of Microstrategy, a company famous for its own Bitcoin, and the public pension fund has a $ 226 million stake and is increasing institutional interest in cryptocurrency.
Bitcoin rights for horizon
The bill also supplemented AB 1052 with California’s “Bitcoin Rights” legislation and passed the first committee in May with unanimous support. The bill aims to solidify the right to inspect the encryption self -inspection and to prohibit purely limiting digital assets used by public institutions. Both legislation can build a wide range of legal foundations for the use of encryption in California.
This new law can already accelerate California’s transition to the blockchain forward economy with almost 117 merchants who already accept Bitcoin to establish a precedent that can rupture nationwide. California is a term such as encryption adoption, bitcoin payment and encryption regulations trends, which can lead the following waves of the next mainstream blockchain integration.