CryptoPayments

California is joining the growing group of U.S. states experimenting with cryptocurrency for official payments. The State Assembly has overwhelmingly approved Bill AB 1180 with a 68-0 vote. If it passes the Senate, it could allow certain state fees to be paid in digital currencies.

💡 What’s in the Proposal?
The bill, introduced by Democratic lawmaker Avelino Valencia, aims to launch a pilot program enabling selected state agencies to accept crypto payments. Oversight will be provided by the Department of Financial Protection and Innovation (DFPI), which is also tasked with creating new regulatory guidelines under the Digital Financial Assets Law (DFAL).
The goal is to assess the benefits and challenges of using crypto in state payments – from technical functionality to legal compliance.
Valencia stated:
"I’m proud to introduce Bill AB 1180, which brings California closer to a financial future."

🧾 What Happens Next?
If the bill clears the Senate, DFPI will have until January 1, 2028, to deliver a comprehensive report on the program – including transaction data, technical hurdles, and suggestions for broader implementation. The law includes a sunset clause, meaning it will automatically expire in 2031 unless extended.
Unlike earlier failed efforts (such as AB 953 in 2019), this bill is more focused. It specifically targets businesses involved in digital assets, which could improve its chances of success.

🏛 Crypto in Government: The New Normal?
California is not alone. Florida, Colorado, and Louisiana have already rolled out similar crypto initiatives. While most are still in early or limited stages, the trend is clear: cryptocurrencies are steadily entering the public sector.
Currently, around 117 businesses in California accept Bitcoin, and that number continues to grow. The public debate is also heating up, with figures like Donald Trump publicly endorsing state-level Bitcoin reserves.
Meanwhile, states like New Hampshire, Arizona, and Texas have already passed legislation to establish Bitcoin reserves. Others, such as Florida, South Dakota, and Wyoming, have rejected such proposals.

💬 Interesting Times Ahead
With the U.S. national debt ballooning, Coinbase CEO Brian Armstrong recently warned that Bitcoin could become the next global reserve currency – especially if the U.S. continues to erode trust in the dollar.

#California , #crypto , #CryptoPayments , #DigitalAssets , #Regulation

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,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

In a significant move for crypto adoption in the United States, the California State Assembly has unanimously passed Assembly Bill AB 1180, which would enable digital assets — including Bitcoin — to be used for paying government fees and services. All 68 lawmakers present voted in favor, with zero opposition. The bill now moves to the State Senate for further consideration.

🧾 What Does AB 1180 Introduce?
The bill authorizes California’s Department of Financial Protection and Innovation (DFPI) to develop regulations allowing the use of cryptocurrency for payments within state operations. This pilot program is part of a broader legal framework concerning digital financial assets (DFAL – Digital Financial Assets Law).
In practice, any individual or business operating crypto-related services in California would need to obtain a license from DFPI, which will also be responsible for ensuring consumer protection in crypto-based transactions.

🏛️ California Aiming to Lead in Crypto Regulation
The bill was introduced by Assemblymember Avelino Valencia, who called the initiative a “first-of-its-kind” pilot program. According to Valencia, the law could serve as a model for other U.S. states. He stated:
“I’m proud to introduce AB 1180, which authorizes the Department to test accepting payments through digital assets. It’s a major step toward the future of finance.”

🕐 When Will It Take Effect?
If the California Senate approves the bill and it is signed by Governor Gavin Newsom, the law is set to go into effect on July 1, 2026. The bill has already received backing from the California Blockchain Advocacy Coalition, which sees it as a crucial move toward modern and transparent state governance.

🌍 California Joins a Growing Trend
With this initiative, California would join other states such as Colorado, Florida, and Louisiana, which have already implemented crypto payments for taxes or other official fees. Internationally, jurisdictions like the United Arab Emirates are also actively embracing cryptocurrency-based government transactions.
The bill also aligns with California’s broader “Bitcoin Rights” agenda, which aims to guarantee residents the right to own and use digital assets independently — promoting financial sovereignty through technology.

📌 Meanwhile, Federal Crypto Regulation Is Advancing
At the federal level, efforts continue to clarify U.S. crypto regulation. A revised version of the Digital Asset Market Structure bill was reintroduced on May 29 during a session in the U.S. House of Representatives. The bill aims to establish clear rules and a national framework for digital assets across the country.

#California , #bitcoin , #CryptoPayments , #CryptoNewss , #BTC

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Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

California just made a significant move toward accepting crypto payment as a legit way to pay for government services. On June 2, the State Assembly passed Assembly Bill 1180 with a 68-0 vote. The bill now forwards to the Senate for the next round of approval. 
If signed into law, this bill would allow state agencies to accept digital currencies like Bitcoin to pay fees and charges under California’s Digital Financial Assets Law (DFAL). The goal is to give people more payment options while encouraging innovation in financial services. 
Crypto Payments Could Begin in 2026
The bill outlines that the system would start on July 1, 2026, with a pilot program running until January 1, 2031. DFPI of California would frame the regulars and manage the whole process.
It will also submit a report by 1 January 2028, including details about the number of cryptocurrency transfers and any difficulties they encountered. This assists ensure the government remains transparent while testing new tech-developments.

Source: Bitcoin Laws X Handle
US Plans Strategic Bitcoin Reserve
California’s move comes as the federal government also looks at crypto in a big way. The U.S. Congress has also brought a bill named as the Bitcoin Act of 2025 (S.954), with the objective to create a Strategic Bitcoin Reserve. If this gets passed, the government would buy 1 million BTC over a span of 5 years and hold them for 20 years. It will act as a store of value in the long-term and safeguard the economy against inflation. 
This bill already got strong favor in both the House and the Senate. It depicts that Bitcoin could become a prominent part of the United State’s economic development in the future. 
Trump’s Crypto Push
Back in March 2025, President Donald Trump signed an executive order to start building a US Strategic Bitcoin Reserve and a Digital Asset Stockpile. The move was meant to make the U.S. a global leader in the digital assets and secure federal digital assets. The government plans to manage this reserve securely and use it as an economic hedge. As of writing BTC is priced at $105,366.00 with a decrease of 0.08% as per the CoinMarketCap.  

Source: CoinMarketCap
Other Countries Also Embrace Crypto Payments
At the global level, the use of cryptocurrency for public services is also growing fast.
The central bank of Kazakhstan has recently introduced crypto-cards for payment. These enable people to use digital currency as money, but organizations still accept cash. It is part of the nation's strategy to get digital and conventional finance together seamlessly.
The government of Dubai is collaborating with Crypto.com to enable people to pay for public services using cryptocurrencies. The announcement was made during the Dubai FinTech Summit on May 12, as part of Dubai's aim to go totally cashless. Cryptocurrency is Becoming the Future of Payments
Conclusion
From California to Dubai, cryptocurrency is fast becoming a part of how governments conduct business. As there's increasing international interest and strong support from the U.S., BTC and other cryptocurrencies can soon be as ubiquitous as money or cards in our everyday lives. 

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#CaliforniaAssembly #CaliforniaAssemblyBill #CryptoPayments

Russia is reportedly considering a radical shift — using cryptocurrencies to settle international grain trades. This bold move could open the agricultural commodities market to digital assets and position Russia as a pioneer in this emerging use case.

🌾 Crypto Payments for Millions of Tons of Russian Grain?
At the recent Russian Grain Forum in Sochi, attended by over 1,000 participants, Irina Zhachkina, First Deputy General Director of the Russian Agricultural Bank, revealed that the institution is seriously evaluating crypto-based settlement tools:
“We believe cryptocurrencies may be a suitable alternative instrument for grain trade payments, and we are currently working with the Bank of Russia to explore the possibilities.”

⛓️ Sanctions Forcing Russia to Find Alternatives
Since 2022, the Russian Agricultural Bank has faced heavy Western sanctions, including:

🔹 Removal from the SWIFT payment system,

🔹 Asset freezes in the EU,

🔹 A ban on access to European financial services.
Moreover, dozens of ships transporting Russian grain have been denied entry to EU ports, further complicating trade logistics and financing.

💱 Cryptocurrencies as a Liquidity Lifeline?
The bank now sees crypto tools as a way to maintain liquidity and facilitate global trade despite international restrictions. With Russia forecasting up to 49.5 million tons of grain exports this season — including 42 million tons of wheat — finding reliable payment channels is critical for the country and global food supply chains.

🌐 A Breakthrough for Crypto in Agriculture?
If Russia adopts crypto payments for grain exports, it would mark a major milestone in bringing digital currencies to traditional commodity markets. This could:
🔹 Enhance the legitimacy of crypto,

🔹 Set a precedent for other sanctioned nations,

🔹 And introduce both volatility and innovation into a historically conservative sector.

#russia , #CryptoPayments , #DigitalAssets , #blockchain , #CryptoNewss

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

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