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California embraces its techie heart and opens the door for crypto payments.
That’s probably not surprising for the state that hosts Coinbase, Kraken, and other big-name crypto companies. And with obvious support from those organizations, it’s probably even less surprising that the California assembly passed the upcoming crypto payments bill, AB 1180, unanimously, 68-0.
The move allows the state government to accept crypto payments – including Bitcoin – for certain obligations. If it passes the state senate, there’d be a trial program from 2026-2031, followed by full adoption.
California Cements Spot Among Top World Economies
It’s a big deal because California boasts the 4th-largest economy in the world, with $4.1T nominal GDP. That’s right – if it were a country, California would rank just behind the US, China, and Germany, and just ahead of Japan.
And – partially fueled by crypto growth in the form of Kraken, Coinbase, et al – California can also point to an economic growth rate that outpaces the other top economies.
California’s growing at 6% year-over-year, with an average growth rate of 7.5% from 2021-2024.
In other words, this isn’t Colorado ($550B) or Louisiana ($327B), two other states that have similar rules in place. It’s not even Florida ($1.7T), which also is moving to accept crypto.
AB 1180 Payments Bill Supports Upcoming Bitcoin Bill
While AB 1180 focuses on the government side, another bill – AB 1052 – does something similar for private payments.
Specifically, AB 1052 establishes clearly that crypto payments are acceptable means of settling private debts. It supports a self-custody regulatory structure, while also opening the door for a state digital assets reserve formed of unclaimed assets.
Another major global economic player bites the dust, bowing before crypto’s relentless rise.
Adopting crypto payments for both private and public organizations will require a top-notch, easy-to-learn crypto wallet.
That’s where Best Wallet app and the Best Wallet Token come in.
Best Wallet Token ($BEST) – Supercharge Leading Web3 Wallet
Best Wallet Token ($BEST) powers up the already-impressive performance of the Best Wallet app. The app delivers a secure, reliable self-custody Web3 wallet, with biometric security and support for dozens of blockchains.
It’s also the first crypto wallet dedicated to crypto presales, with an Upcoming Tokens section that breaks down key projects and gives investors the opportunity to purchase hot new tokens before they launch.
The $BEST token takes utility up a notch, lowering fees for transactions, giving exclusive presale access, and boosting rewards.
It’s a unique wallet with a powerful utility token, and that’s part of the reason our price prediction shows that $BEST could rise 28% from its current price of $0.025125, reaching $0.035215 by the end of the year.
To avoid missing out, learn how to buy $BEST with our guide.
BTC Bull Token ($BTCBULL) – With First-Ever Bitcoin Meme Coin, Buy $BTCBULL Now, Earn $BTC Later
Another project that benefits a lot from crypto adoption is BTC Bull Token ($BTCBULL), which offers the classic ‘buy-one-get-one-free’ combo, crypto-style.
Put another way, BTC Bull does what it says on the tin – gives investors a chance to bet big on a bullish outlook for Bitcoin. With California’s mega-economy moving to adopt crypto, and over 100 businesses that already accept Bitcoin payments in California, a bullish Bitcoin bet has perfect timing.
What’s unique about BTC Bull Token is that has no less than four ways to earn:
- Presale $BTCBULL staking, the long play
- Regular $BTCBULL price increase post-launch, since a lot of people will be trading it
- $BTC airdrop for token holders in Best Wallet app
- $BTCBULL airdrop when Bitcoin hits $250K
With $BTC airdrops at $150K and $200K, and a mega $BTCBULL airdrop at the end of the project when Bitcoin reaches $250K, there are ample rewards for early investors.
And in between, $BTCBULL token burns exert deflationary pressure at $BTC $125K, $175K, and $225K.
The combination of token burns and airdrops keeps $BTCBULL tied to Bitcoin’s steady progress, and is one of the reasons our BTC Bull price prediction shows the token potentially reaching $0.0084, up 230% from its current price of $0.00254.
Don’t wait – rewards are only given out when $BTC first reaches the milestones. Learn how to buy BTC Bull.
Nexchain AI ($NEX) – Blockchain Built for Integrated AI Applications
Alongside crypto, AI is probably the most-transformative tech in the world today. Nexchain brings the two together in the first completely AI-native chain.
Leveraging AI-native architecture, Nexchain delivers:
- 400,000 TPS, blazing-fast transactions
- Hybrid Proof-of-Stake + AI consensus mechanism
- Cross-chain bridges for blockchain interoperability
- Minimal transaction fees
Nexchain is a serious project with serious potential, and could be the technological breakthrough crypto and AI believers have been looking for.
The $NEX presale passed $3.1M. With strong community support and a detailed technical foundation, the project expects the Nexchain AI testnet to launch in Q4 2025.
California, the Crypto State?
California overall may have little love for the ‘Crypto President,’ but it looks set to become the Crypto State anyways.
And when the world’s 4th-largest economy embraces the power of Bitcoin, that’s the most bullish sign of all.
Just remember to do your own research before investing in any crypto projects. Nothing here is financial advice, and you should never invest more than you can afford to lose, because you can always lose it all.
