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California brings together Bitcoin Rights invoice to protect itself for digital asset owners

  • California’s EU-1052 invoice protects the right to dominance and prohibits payment-based restrictions.
  • The bill offers legal procedures for derelict digital assets and distinguishes politics from crypto activities.

California took legislative steps to protect the rights of digital assets, and brought an invoice that supports their self, prevented discrimination in the use of crypto, and deals with the derelict properties in the digital field. The AB-1052 law draft law is trying to establish a legal basis for digital assets in the state with provisions that may affect approximately 40 million residents.

In a recent article on the X, the Satoshi Action Fund, the non-profit advocacy group, confirmed that the California Assembly Avelino Valencia introduced the EU-1052 bill. The legislation was previously opened on 20 February 2025 as the “Monetary Transmission Law ..

However, it was changed on 28 March and was called “digital assets için to include self -protection protection and regulatory clarity. Valencia is president of the Banking and Finance Committee, which manages the regulation of financial services in California. The bill is currently processed on the table and is waiting for him to read.

Bill EU-1052 enters the legislative process with payment protection measures

EU-1052 confirms individuals’ self-dominant Bitcoin and other digital assets without restriction. It prevents the implementation of tax or discriminatory regulations based on the use of digital assets in payments only in payments. The bill also accepts the use of digital assets as a legitimate legal tender in special transactions.

The invoice introduced aims to protect digital assets without challenging penalties. Another part of the bill offers a structure of abandoned assets. According to this section, the responsibility of licensed individuals is to prevent confusion.

In addition, the invoice includes the language that prohibits public officials from encouraging any crypto currency, security or commodity. This movement changes California’s 1974 current Political Reform Law, creating a separation between public duties and digital assets. One section reads that public officials will not engage in transactions including digital assets that may cause a conflict of interest.

According to a recent update of BTC MAPS, it accepts a total of 1035 US locations Bitcoin payments. Ripple Labs, Solana Labs and Kraken are important digital assets in the central province. In addition, California legislators brought a separate stablecoin bill on February 2, 2025.

95 of the bills about Bitcoin were already opened in 35 different states. Recently, Texas and Kentucky have already passed the Bitcoin Reserve and Right invoices. This development transfers the formation of a strategic Bitcoin reserve (SBR), followed by a new execution order signed by President -selected Donald Trump.

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