California State Representative to Draft Pro-Bitcoin Legislation
In what is a monumental development for the digital asset sector within the country, California state representative Phillip Chen is reportedly set to draft pro-Bitcoin legislation. Indeed, Chen, a California Assembly member, is working with the nonprofit Proof of Workforce, according to an announcement on X (formerly Twitter). Chen has engaged the organization to work on a “variety of Bitcoin initiatives” for the state. Moreover, the collaboration will include a “draft policy for the upcoming legislative session,” the nonprofit announced. If drafted, California would be one of many states seeking to integrate cryptocurrencies in a notable way. 𝐁𝐑𝐄𝐀𝐊𝐈𝐍𝐆: CA Assemblymember Phillip Chen has engaged the Nonprofit, Proof of Workforce, to work on a variety of Bitcoin Initiatives for California, including draft policy for the upcoming legislative session!! pic.twitter.com/KRDjvPkLgq — Proof of Workforce (@workforcebtc) January 17, 2025 Also Read: Oklahoma Intro...