California’s Groundbreaking Bitcoin Rights Bill Enhances Self-Custody for Crypto Holders
California has introduced AB-1052, a significant bill aimed at securing self-custody rights for cryptocurrency holders. This legislation not only prohibits payment-based restrictions but also provides a legal framework for handling unclaimed digital assets. The bill aims to distance political influences from crypto activities, ensuring that digital assets’ ownership stays in the hands of their holders. This move reflects California’s commitment to advancing cryptocurrency rights and aligns with broader trends toward digital asset protections. Observers anticipate that this could stimulate further crypto growth in the region.