#California lawmakers support Bitcoin.#
Hot Topic Overview
Overview
California Assemblymember Phillip Chen is actively pushing for Bitcoin-supporting legislation, having appointed the non-profit organization Proof of Labor to help draft the bill and explore how Bitcoin can benefit California. Currently, Assemblymember Chen has made it clear that he will draft Bitcoin-supporting legislation and is actively seeking the assistance of relevant organizations to ensure the bill is well-rounded and feasible. This move indicates the California Assemblymember's recognition and support for Bitcoin, and also suggests that California could become the first US state to support Bitcoin.
Ace Hot Topic Analysis
Analysis
California Assemblymember Phillip Chen is actively pushing for Bitcoin-supporting legislation and seeking help from the non-profit organization Proof of Labor to draft the relevant bills. Chen aims to explore how Bitcoin could benefit California and formulate corresponding policies. Currently, Chen has announced that he will draft Bitcoin-supporting legislation, the specifics of which are yet to be disclosed, but are expected to involve the application and development of Bitcoin in California. This move signifies a positive attitude towards cryptocurrency from the California government and also reflects the growing influence of Bitcoin globally.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
California Assemblymember Phillip Chen is drafting pro-bitcoin legislation that would explore how bitcoin could help California.
Nonprofit organization Laborious Proof will help draft the legislation, which will be introduced by California Assemblymember Phillip Chen.