Committee advances two digital‑asset measures: framework and DFPI pilot for crypto payments
Apr 21, 2025
Apr 21, 2025
The Assembly advanced two bills on digital assets: AB 1052, which would clarify state law for self‑custodied digital assets and unclaimed property and restrict public officials from issuing tokens, and AB 1180, which authorizes a DFPI pilot to accept digital financial assets for select fees.
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The Assembly committee voted to advance two bills addressing digital assets and state use of cryptocurrency‑style instruments.
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