California Assemblymember Juan Carrillo Valencia introduced the "Bitcoin Rights Bill" AB-1052

ChainCatcher news, Bitcoin.com News posted on social media that California Assemblyman Juan Carrillo Valencia has introduced Bill No. 1052 (AB-1052), known as the "Bitcoin Rights Act," aimed at securing financial freedom for 40 million people in the United States, protecting users' rights to hold Bitcoin, enabling penalty-free payments, and establishing genuine custodial rules for lost assets.