California Crypto self -reserves and payments,

The California Association’s Bill 1052, or the “Digital Assets Law” (previously funding law), issued a committee vote with the support of the two parties on April 21.
It was presented by a member of the Association and Democratic Valencia in February and was modified at the end of March.
He – she the goal To protect encrypted currency users and investors by supporting their right to self -needs of their digital assets.
A draft law in California to protect your right to self -need and participate in peer transaction to peers passes from the committee unanimously with the support of a bi -party!
Thank you chair Assmvalencia To lead and the opportunity for care and testimony in support. pic.twitter.com/TunUKSLPX
– Dennis Porter (Dennis_porter_)) April 22, 2025
Protect the rights of encryption users
AB 1052 It allows individuals and companies to accept digital assets as payment and consider them valid and legal in private transactions.
It is also prohibited from public entities to restrict the use of digital assets or the imposition of private taxes only on encryption payments and shows that this is a matter at the state level that applies to all cities in California.
The legislation specifically deals with the body of the self -work of the encrypted currency, saying:
“The general entity, restriction or imposition of any requirements is not prohibited from using devices or a self -hosted portfolio to control digital financial assets.”
It also prevents government entities from creating regulations that restrict or impose requirements on self -needs solutions.
The draft law is designed to protect the rights of individuals to control their own keys and digital assets without government interference.
However, there is still a long legal way to go, and nothing happens in the US Congress. In the wake of the vote of the Banking and Financial Committee in the association, he moves to the association hall for full vote by all members of the association, then to the Senate Committee, then the full Senate, before heading to the government to obtain a final or Nai vote.
It takes two -thirds of the vote for traffic because it amends the political reform law and makes various technical amendments to the Civil Procedure Code, the financial law, and the government law to implement these provisions.
Bitcoin strategic update update
Arizona is the leading country with two strategic Bitcoin reserve project in the final stages of voting, According to To Bitco Law’s State Reserve Race Tracker.
46 Bitcoin Reserve has been introduced in 26 states. After Arizona, the legislation is likely to be approved in New Hampshire and Texas.
Meanwhile, the same assets reached the highest level in six weeks at 88,500 dollars in early trading in Asia on Tuesday, as the valuable asset store continues to attract investors on an accelerated trip from American stocks and US dollars.
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