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California

A collection of 2 posts
The State of California Wants to Steal Your Bitcoin Held on Exchanges, Here's How
Bitcoin

The State of California Wants to Steal Your Bitcoin Held on Exchanges, Here's How

The California State Assembly has passed a bill that could allow the state to seize cryptocurrency from inactive exchange accounts, raising concerns among crypto holders about the security of their digital assets. Known as Assembly Bill 1052, or the "Digital Financial Assets Law," the legislation classifies cryptocurrencies held
05 Jun 2025 3 min read
California Lawmaker to Draft Bitcoin Legislation
Bitcoin

California Lawmaker to Draft Bitcoin Legislation

In an exciting bit of news, California State Representative Phillip Chen is collaborating with the nonprofit Proof of Workforce to draft legislation that supports Bitcoin. This action marks a notable step toward integrating crypto into state policy, reflecting a broader national trend under the incoming administration of President-elect Donald Trump,
17 Jan 2025 2 min read
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