California Set to Accept Bitcoin for State Fees Following New Legislative Bill
The California State Assembly has made a remarkable move by unanimously passing AB 1180, a legislative measure that enables state agencies to accept Bitcoin and other digital assets as payment for specific regulatory fees. This groundbreaking decision positions California as a potential leader in cryptocurrency adoption at the state level, paving the way for increased legitimacy and acceptance of digital currencies in everyday transactions. As the largest state economy in the U.S., Californiaโs actions may inspire other states to follow suit, further integrating cryptocurrency into mainstream financial practices.