California Assembly Passes Bill to Accept Bitcoin Payments
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In a landmark move, California's Assembly has greenlit legislation allowing state agencies to accept Bitcoin for tax payments and services. The bill now heads to the Senate, potentially making California the first US state to officially embrace crypto in government transactions.
Proponents hail it as a step toward financial innovation, while skeptics warn of volatility risks—because nothing says 'stable revenue stream' like an asset that can swing 20% before lunch.
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