California paves the way for crypto rights
California, a pioneering state in numerous revolutions including in the field of technology and finance, is preparing to take a further step forward in the world of crypto.
A bill proposed by Avelino Valencia, a democratic representative and president of the Finance and Banking Committee of the Assembly, could allow nearly 40 million California residents to exercise new digital rights in the financial sector.
A right to autonomous custody of crypto in California
The draft law Assembly Bill 1052, initially introduced on February 20, 2025, under the title of Money Transmission Act, has undergone a significant metamorphosis.
On March 28, Valencia radically modified the text, renaming it simply “Digital Assets”, a change that…
