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California approves law to preserve unclaimed crypto in original form

California approves law to preserve unclaimed crypto in original form

On Monday, California Governor Gavin Newsom signed Assembly Bill 1052 (AB 1052) into law, amending the state's Unclaimed Property Law to include digital financial assets such as cryptocurrencies. The bill requires that unclaimed crypto assets—those that have been dormant for 3 years on custodial pla…

California governor signs laws establishing safeguards over AI chatbots

California governor signs laws establishing safeguards over AI chatbots

California Governor Gavin Newsom announced that the US state would establish regulatory safeguards for social media platforms and AI companion chatbots in an effort to protect children.In a Monday notice, the governor’s office said Newsom had signed several bills into law that will require platforms…

US Senator Ted Cruz pushes back on bill aimed to stop American doxing

US Senator Ted Cruz pushes back on bill aimed to stop American doxing

US Senator Ted Cruz of Texas has blocked a privacy bill that seeks to protect all Americans from having their personal information exposed by data brokers — arguing that law enforcement needs access to some data and that the bill requires refinement.The Bitcoiner was the only US senator to object to…

Here’s what happened in crypto today

Here’s what happened in crypto today

Today in crypto, the Texas House passed SB 21 to create a state-run Bitcoin reserve; DWF Labs’ Andrei Grachev said the GENIUS Act could legitimize stablecoins for institutions; and the SEC filed a $100M fraud suit against Unicoin and its executives.Texas House passes strategic Bitcoin reserve billTh…

Texas’ Bitcoin reserve bill heads to key reading before final floor vote

Texas’ Bitcoin reserve bill heads to key reading before final floor vote

The Texas House of Representatives will hold a key reading of Senate Bill 21 (SB 21), moving the state one step closer to creating a government-managed Bitcoin reserve, according to an update on the bill’s official page .Dennis Porter, co-founder and CEO of the Satoshi Action Fund, said in a Saturda…

Texas Surges in U.S. States' Race to Put Public Funds Into Crypto

Texas Surges in U.S. States' Race to Put Public Funds Into Crypto

Several U.S. states are getting closer to putting public money into cryptocurrencies effort, spurred by President Donald Trump since he announced plans to do the same on a federal level. And Texas is now among the leading contenders.On Thursday, the Texas state senate passed the so-called SB 21 bill…

California governor vetoes hotly-contested AI safety bill

California governor vetoes hotly-contested AI safety bill

Gavin Newsom has vetoed SB 1048, saying that “while well-intentioned,” it could place unnecessary restrictions on emerging AI companies in California.

Cointelegraph by Tom Mitchelhill