Digital Change of Digital California’s digital change would protect the crypto payment, self-laminated

Member of the State Assembly in California has introduced amendment to a recently introduced account for money transfer to protect the ability of state residents to be used cryptocurrency as a means of payment.

First introduced Democrat Senator Laura Richardson, 20. February Money transfer lawThe bill was concerned primarily with the demand of digital wallet Providers operating in California to “take certain actions” to ensure the safety of their products, including the use of two factor authentication.

Introduced on Friday, a new amendment referred to in the Democrat Avelino Valencia Rename law as an act of digital property and adds several new clauses that protect the use of cryptocurrency in California.

Its main focus is on the authority of individuals and companies in California to accept cryptocurrency as the payment of goods and services, as well as in payment between private individuals.

It was added, the amendment also prohibits the “public entities to prohibit or impose any requirements on this use”, preventing the situation in California to impose taxes on the use of crypting in the use of crypting as payment of goods and services.

With this regard, the clause, which said the entire and Satoshi Action Director and co-founder Dennis Potter Decipher“Explicitly confirms the right of individuals to self-manage their Bitcoin and digital property.”

According to Potter, this ensures that residents can independently manage their cryptocies, without being forced to send their tokens into centralized wallet or detention.

“New legal protection”

While an altered account may not introduce anything that many cryptocurrency users already do not work, Potter claimed that his introduction was very important for California and his attitude and her position on Kriptou.

He explained: “These provisions introduce new legal protection and frameworks previously codified in the Law on California, which added significant new elements to the state access to digital property.”

Other provisions on the law proposal are applied to Crypto legislation to crypto-means that, for example, will be exchanged by crypto in the state in case the appropriate customer was inactive and not reactive at least three years.

The amendment also extends the implementation of the Law on Political Reform in CRIPTO, and as such is prohibited by the “public official to issue, security or goods” and goods, amendment and the amendment for cripto and as such prohibits the “public official”.

According to Potter, the intention of this provision “is to prevent conflicts of interest and maintain the integrity of public function”, something that was important for the Valencia meeting.

Potter said, “I’m banning public officials, sponsor or promote digital assets, aims, to ensure that officials do not use their views to unreasonably affect the market or benefit from such promotions.”

This last section can also be the answer of California – which is a predominantly state trump that is predominantly under the control of Democrats (Trump) Solana-Based money for memes that US President Donald Trump has launched Before laying offices 20. January.

Although there is no record of Civil Service in California that openly promoting or initiating cryptocurstility, the inclusion of BAN could serve as a sweetener for democrats who are generally reluctant to promote digital currencies.

Draft Law with similar, although a Federal Ban against Promotion Cripto was also placed before CongressAlthough with both chambers controlled by Republicans, there is almost a zero chance to go through, at least not before the middle middle 2026.

In a get onSatoshi’s Action Fund Sending the Draft Law, saying that if California passes “,” almost 40 million Americans will be entitled to protected self-detention. “

Satoshi Action Fund, non-profit Bitcoin Advocacy organization founded former all-trump alumniIn recent months, he was instrumental at a meeting with legislators and encouraging other states to pass through Pro-bi bitcoin and -ripto legislation.

Recently had an arm In the passage of a Law in Kentuckia Which determines the right of individuals to a cropto self-detention, and at the same time confirming that the mining award or rewards are not rewarding securities.

Similarly, there is take a loan because they help in the form of discussion around a BTC strategic account for reserves in Oklahomawho recently went to the Senate of the state.

And for Dennis Potter, an introduction to California’s digital assets, together with other similar accounts, “reflects the wider shift” in the United States to integrate cryptocurries, such as Bitcoin in the legacy financial and legal systems.

“California, as the fifth largest economy in the world with a gross state product of almost $ 3.9 trillion in 2023. year, plays a key role in setting regulatory trends,” he said. He added that the altered account “indicates a developing attitude in which digital currencies are increasingly seen as legitimate financial instruments, guarantee regulatory frameworks that attack consumers and encourage innovation.”