California lawmaker files bill to let state agencies accept Bitcoin

Malaysia News News

California lawmaker files bill to let state agencies accept Bitcoin
Malaysia Latest News,Malaysia Headlines
  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 53%

California became the latest state last week of the current legislative cycle to weigh allowing residents to pay for government services in the form of crypto.

, filed on February 18,"would authorize a state agency to accept cryptocurrency as a method of payment for the provision of government services," according to the text. The bill is sponsored by State Senator Sydney Kamlager-Dove, a Democrat.

The bill joins a nascent but growing chorus of state efforts to allow people to make such payments. This month, Colorado governor Jared Polis to let residents pay their taxes in crypto by the summer, though in this instance, such payments would be exchanged for fiat currency before the state takes possession.filed in late January in Illinois notably would let The Department of Revenue accept cryptocurrency directly.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

TheBlock__ /  🏆 464. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

New bill could make bitcoin legal tender in CaliforniaNew bill could make bitcoin legal tender in CaliforniaCalifornia could make bitcoin legal tender – New bill introduced by political advisors Bitcoin expert Dennis Porter and political advisor Ian C. Calderon have collaboratively drafted a new proposal that could possibly make bitcoin official legal tender by their own opinion. After Arizona and the...
Read more »

Nepal police fire tear gas to disperse protest over U.S. grantNepal police fire tear gas to disperse protest over U.S. grantNepal police fire tear gas and water cannons to disperse protesters opposed to a U.S.-funded infrastructure program, witnesses and officials in Nepal’s capital said.
Read more »

Cal State chancellor resigns under fire over how he handled sexual harassment complaintsCal State chancellor resigns under fire over how he handled sexual harassment complaintsCalifornia State University Chancellor Joseph Castro has resigned. Executive Vice Chancellor and Chief Financial Officer Steve Relyea will take over as acting chancellor until an interim chancellor has been named
Read more »

Opinion: California Democratic lawmakers are making everything more expensive hereOpinion: California Democratic lawmakers are making everything more expensive hereCalifornia has the highest gas prices in the nation and one of the highest costs of living anywhere.
Read more »



Render Time: 2025-03-11 19:44:38