California Bitcoin Reserve Overview
California has no state Bitcoin reserve. The Bitcoin Rights Act AB 1052 introduced in 2025 protects self-custody and addresses unclaimed crypto property handling.
California Legislative Breakdown
AB 1052 (Bitcoin Rights Act) introduced 2025; covers self-custody and unclaimed property rules.
California Strategic Bitcoin Reserve
Current status: PROPOSED — reserve legislation under active consideration.
As of August 6, 2026, California's state treasury holds no Bitcoin directly. US state Strategic Bitcoin Reserves authorize the holding of Bitcoin but require separate legislative appropriation before a treasury is funded. The timeline below tracks every verified legislative milestone.
California Legislative Timeline
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2025-02-21PROPOSEDAssemblymember Avelino Valencia introduced AB 1052 (Bitcoin Rights Act).Bill: AB 1052Read More →
California Bitcoin Reserve FAQs
Does California have a state Bitcoin reserve?
As of August 6, 2026: California has no state Bitcoin reserve. The Bitcoin Rights Act AB 1052 introduced in 2025 protects self-custody and addresses unclaimed crypto property handling.
How much Bitcoin does California hold?
California's state treasury holds no Bitcoin directly as of August 6, 2026. Even where reserve legislation is enacted, a treasury is only funded after a separate legislative appropriation.
What is California's Bitcoin policy stance?
California is classified as 'Neutral' on Bitcoin-related state legislation. Key legislation: AB 1052 (Bitcoin Rights Act) introduced 2025; covers self-custody and unclaimed property rules.
Has California passed a Strategic Bitcoin Reserve bill?
See the California legislative timeline above for current bill status. As of August 6, 2026, only Arizona (HB 2749), New Hampshire (HB 302), and Texas (SB 21) have enacted state Strategic Bitcoin Reserve laws.
Is Bitcoin legal in California?
Bitcoin is legal to buy, hold, and sell across all US states, including California, under federal law. State-level rules mainly govern money-transmitter licensing, consumer protection, and whether the state treasury may hold Bitcoin.
Is cryptocurrency taxed in California?
Federal capital-gains tax applies to crypto nationwide. State tax treatment in California depends on whether it levies a state income tax; consult a qualified tax professional, as guidance evolves.
Is Bitcoin mining allowed in California?
Bitcoin mining is generally permitted across US states, though California may apply energy, zoning, or noise regulation. Any mining-specific measures are noted in the legislative breakdown above.
Which US states have enacted Bitcoin reserve laws?
Three states have enacted Strategic Bitcoin Reserve laws: Arizona (HB 2749, May 7 2025), New Hampshire (HB 302, May 6 2025), and Texas (SB 21, June 2025). Texas made the first state reserve purchase (~$5M in a Bitcoin ETF, November 2025); several others have active proposed legislation.
Can California's state treasury invest in Bitcoin?
A state treasury can hold Bitcoin only if legislation explicitly authorizes it. California's current authority is reflected by its stance ('Neutral') and the key legislation listed above.
When was California's Bitcoin legislation last updated?
This page reflects verified data as of August 6, 2026, sourced from official state legislative records (LegiScan) and signed gubernatorial press releases.
Where can I verify California's Bitcoin reserve information?
All bill numbers, dates, and signatures are sourced from official California legislative records via LegiScan, the National Conference of State Legislatures, and gubernatorial press releases. Sources are linked at the bottom of this page.
Official Sources & Data References for California
All data on this page is compiled from primary, verifiable sources. Click any source below to verify directly.