CA lawmaker introduces legislation to accept crypto as payment for govt services

Politicians seeking to represent California at the state or federal level have made proposals seemingly favorable to crypto adoption.

California State Senator Sydney Kamlager, representing the 30th Senate District, which includes parts of downtown Los Angeles, has introduced a bill that would amend the state’s code to allow for the acceptance of cryptocurrencies for certain payments.

The crypto bill is the latest move by lawmakers on the state level to address any potential regulatory uncertainty around digital assets. Last week, Colorado Governor Jared Polis said he expects the state to accept tax payments using cryptocurrencies by summer 2022. In addition, a Tennessee state representative introduced a bill earlier this month that would allow the state to invest in crypto and nonfungible tokens.