California Assembly Approves Bill to Allow Bitcoin for State Payments

The legislation, introduced by Assemblymember Avelino Valencia (D-Anaheim), passed with overwhelming support—78 in favor and none opposed, with two members not voting. The bill now heads to the Senate Rules Committee for further review.

A Pilot Program for Licensing Fees

If enacted, AB 1180 would launch a pilot program beginning July 1, 2026, and lasting through January 1, 2031. It would task California’s Department of Financial Protection and Innovation with setting up a framework for accepting crypto payments from businesses regulated under the Digital Financial Assets Law.

The program specifically targets licensing and examination fees, potentially making it easier for crypto-native firms to comply with state regulations.

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A Vision for Digital Asset Leadership

Assemblymember Valencia, speaking in an earlier hearing, called the bill “a blueprint for statewide integration” of digital assets. He added, “AB 1180 puts California at the forefront of digital-asset innovation.”

If passed by the Senate and signed into law, the bill would position California as one of the first U.S. states to formally integrate digital assets into its financial operations.

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