Atlas21
  • ‎
No Result
View All Result
Atlas21
No Result
View All Result
Atlas21
Home Bitcoin

California bets on Bitcoin: pro-Bitcoin legislation on the way

Newsroom by Newsroom
January 21, 2025
in Bitcoin
La California punta su Bitcoin: in arrivo una legislazione favorevole
Share on FacebookShare on TwitterShare on Linkedin

The State Assembly partners with the non-profit Proof of Workforce to integrate Bitcoin into local institutions.

Phillip Chen, Republican representative in the California State Assembly, has announced a strategic partnership with Proof of Workforce, a Santa Monica-based non-profit organization, to develop pro-Bitcoin legislation in the upcoming legislative session.

The initiative aims to create a clear regulatory framework for integrating Bitcoin into local and state institutions. The collaboration will focus on several areas: financial education, community engagement, and exploring how Bitcoin can contribute to California’s infrastructural development.

Dom Bei, founder of Proof of Workforce, stated:

“Bitcoin’s Genesis story has deep roots in California. A huge part of that Genesis story is an innovative network, designed to protect the time, energy, and value of everyday, working people. Bitcoin isn’t partisan; it’s uniquely Californian.”

The plan builds on prior successes. The city of Santa Monica established a Bitcoin office last summer, which, according to Mayor Lana Negrete, generated significant interest, with several other cities ready to replicate the initiative.

Chen and Proof of Workforce are also focusing on educating workers, unions, and pension funds to foster a deeper understanding of Bitcoin’s potential in the public sector.

Previous Post

Bitcoin in state reserves: Wyoming and Massachusetts join the list of US states

Next Post

Change at the top of the SEC: Mark Uyeda to lead the commission until 2026

Latest News

Focused detail of a modern server rack with blue LED indicators in a data center.
Bitcoin

Texas: new ERCOT framework benefits Bitcoin miners converted into data centers

by Newsroom
June 19, 2026
0

The Public Utility Commission of Texas has approved ERCOT's 'Batch Zero' system for allocating electrical capacity, boosting shares of Cipher,...

Read moreDetails
Vector image of red Covid virus against decreasing line graph on blue background
Bitcoin

Bitcoin ETF: outflows reveal split demand after Warsh’s Fed debut

by Newsroom
June 19, 2026
0

Bitcoin ETF flows show fragmented demand following Kevin Warsh's first appearance as the new Federal Reserve chair.

Read moreDetails
Detailed view of Bitcoin and cryptocurrency coins on euro banknotes, symbolizing digital currency investment.
Crypto

ECB: Lagarde allegedly blocked Binance’s MiCA license in Greece

by Newsroom
June 18, 2026
0

ECB President Christine Lagarde reportedly ordered Greece directly to reject Binance's MiCA application, which was close to approval.

Read moreDetails
Ledn: il mercato del lending in Bitcoin potrebbe raggiungere $1000 miliardi
Bitcoin

Ledn: Bitcoin lending market could reach $1 trillion

by Newsroom
June 17, 2026
0

Ledn's co-founder bets on securitization of Bitcoin-backed loans to attract institutional capital at scale.

Read moreDetails
USA: accordo su housing bill include divieto di CBDC fino al 2030
Bitcoin

USA: housing bill agreement includes CBDC ban until 2030

by Newsroom
June 17, 2026
0

The U.S. House and Senate have reached a deal on the 21st Century Road to Housing Act, which prohibits the...

Read moreDetails
Atlas21

© 2026 Atlas21

Navigate Site

  • Editorial Policy
  • Cookie Policy
  • Privacy Policy
  • Team

Follow Us

No Result
View All Result
  • Bitcoin 101
    • What Is Bitcoin? A Complete Guide
    • Bitcoin Security: A Complete Guide
    • Bitcoin Privacy: A Complete Guide
    • Lightning Network: A Complete Guide
    • Bitcoin Mining: A Complete Guide
    • Advanced Bitcoin: A Technical Guide
  • Learn
  • Latest News
  • Interviews
  • Opinion
  • Feature
  • B2B Services
  • About Us
  • Contacts

© 2026 Atlas21

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site, we will assume that you are happy with it.