#DigitalAssetBill AB-1052 includes several provisions to protect digital asset users. It explicitly recognizes the right to self-custody Bitcoin and other digital assets, prohibits government agencies from imposing taxes or restrictions solely based on the use of assets for payments, and establishes a legal framework for handling unclaimed digital assets, ensuring they are managed by licensed custodians. Additionally, the bill seeks to amend the 1974 Political Reform Act to prohibit public officials from issuing, sponsoring, or promoting any digital assets, securities, or commodities, aiming to reduce political influence on emerging financial technologies.
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