In brief
- California Assembly unanimously passed AB 1180 allowing state agencies to accept crypto payments, now heading to Senate.
- If enacted, the bill would take effect July 2026 as a pilot program through 2031 before full implementation.
- California would join Florida, Colorado, and Louisiana in accepting cryptocurrency for state obligations.
A new bill has been passed by the California State Assembly which will mean state agencies are able to accept crypto payments if it comes into law.
The vote was a unanimous 68-0 and now moves to the Senate where it can be taken further.
Assembly Bill 1180 (AB 1180), passed on June 2, will require the Department of Financial Protection and Innovation (DFPI) to further develop rules to permit the state…