California Assembly Approves Bill to Allow Bitcoin for State Payments
California has taken a major step toward embracing digital assets. On June 3, the State Assembly passed AB 1180, a bill that would enable certain state agencies to accept Bitcoin and other cryptocurrencies for regulatory payments.
The legislation, introduced by Assemblymember Avelino Valencia (D-Anaheim), passed with overwhelming support—78 in favor and none opposed, with two members not voting. The bill now heads to the Senate Rules Committee for further review.
A Pilot Program for Licensing Fees
If enacted, AB 1180 would launch a pilot program beginning July 1, 2026, and lasting through January 1, 2031. It would task California’s Department of Financial Protection and Innovation with setting up a framework for accepting crypto payments from businesses regulated under the Digital Financial Assets Law.
The program specifically targets licensing and examination fees, potentially making it easier for crypto-native firms to comply with state regulations.
A Vision for Digital Asset Leadership
Assemblymember Valencia, speaking in an earlier hearing, called the bill “a blueprint for statewide integration” of digital assets. He added, “AB 1180 puts California at the forefront of digital-asset innovation.”
If passed by the Senate and signed into law, the bill would position California as one of the first U.S. states to formally integrate digital assets into its financial operations.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
