California

California’s AB-1052 Proposes Key Protections for Bitcoin and Digital Asset Users

California’s Assembly has taken major steps toward regulating cryptocurrency with the introduction of AB-1052, initially known as the Money Transmission Act. The bill – led by California Democrat Avelino Valencia, who chairs the Banking and Finance Committee – focuses on protecting cryptocurrency users, particularly those seeking to maintain control over their digital assets. AB-1052 According…

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GameStop

GameStop Board Greenlights Bitcoin for Treasury Reserves

GameStop has officially added Bitcoin (BTC) to its treasury reserves after its board approved the decision. The move comes as the firm reported improved quarterly earnings, with net income more than doubling in the fourth quarter of 2024. Quarterly Profits Show Gains The Texas-based company announced on March 25 that its board has “unanimously approved…

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