California Assembly Passes Crypto Payments Bill Unanimously
California took a decisive step toward mainstream cryptocurrency adoption with the State Assembly's unanimous 68-0 approval of Assembly Bill 1180 on June 2. The legislation paves the way for digital assets to become a sanctioned payment method for government services, marking a watershed moment for regulatory acceptance.
The bill now advances to the State Senate, where its passage WOULD solidify California's position as a leader in blockchain integration. This development signals growing institutional recognition of cryptocurrencies as legitimate financial instruments, potentially catalyzing broader adoption across U.S. municipalities.