And another one: #California has officially included #Bitcoin Rights protections in its newly proposed digital asset bill. If passed, it will guarantee the right to self-custody for nearly 40m residents and prohibit discrimination against Bitcoin use.
We are proud to officially announce that ‘Bitcoin Rights’ has been introduced in the California Assembly by the Chair of Banking and Finance - Assemblyman Valencia. Once passed, nearly 40 million Americans will have their right to self-custody protected! The bill also creates legal frameworks for how to manage ‘unclaimed property’ for digital assets which we fully endorse. Thank you to Chair of Banking and Finance @AsmValencia for including this language in AB-1052 and your leadership. Special thanks to @IanCalderon for helping to make this a reality.
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