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California’s State Assembly has passed AB 1180, a bill permitting state agencies to accept Bitcoin and other digital assets for regulatory fees. The legislation, now under Senate review, could position California as a leader in crypto adoption.
- AB 1180 requires DFPI to develop rules for crypto fee payments by 2026, with a pilot running until 2031.
- California joins Colorado, Utah, and Louisiana in accepting crypto for government services, converting payments to USD to avoid volatility.
- The bill could benefit major crypto firms like Ripple and Solana Labs while facing scrutiny over transaction fees and environmental concerns.
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