California amended money transmission bill includes Bitcoin rights, allowing use of digital assets, positive.

From Cointelegraph

March 31, 2025 12:39:00 am:

A Californian lawmaker amended a money transmission bill to include Bitcoin and crypto investor protections, guaranteeing self-custody rights for nearly 40 million residents. The legislation, now called “Digital assets,” aims to allow the use of digital financial assets as valid payment and prevent public entities from restricting or taxing digital assets based on their use. Currently, 99 merchants in California accept Bitcoin payments.

California introduced a stablecoin-related bill to provide clarity on stablecoin collateral requirements, liquidation processes, redemption, settlement mechanisms, and security audits. At the state level, 95 Bitcoin-related bills have been introduced in 35 states, including 36 Bitcoin reserve bills. Texas passed a Bitcoin strategic reserve bill, Kentucky enacted a Bitcoin Rights bill, and President Trump signed an executive order for a Strategic Bitcoin Reserve and Digital Asset Stockpile.

Read more at Cointelegraph: California introduces ’Bitcoin rights’ in amended digital assets bill