February 18, 2026 Assembly Banking and Finance Committee

California State Assembly Committee on Banking and Finance · February 18, 2026

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Opening and purpose

Announcement

38:30 → 39:16(46s)

Chair Valencia opened the informational hearing on digital asset innovation, framing the session as a practical discussion to ensure California can responsibly govern and benefit from digital assets and blockchain technology.

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The California State Assembly Committee on Banking and Finance held an informational hearing on digital asset innovation to review SB 822 (unclaimed digital assets) and a proposal to create a cost‑neutral state digital asset reserve funded by unclaimed property.

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Transcript

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