National Fentanyl Awareness Day Livestream
Bill Offers Pathway for Blockchain and Crypto Organizations to Incorporate in California
Haney’s AB 1229 will create new business structures that will allow California to regulate and tax web3 and blockchain organizations forming in the state
SAN FRANCISCO — Assemblymember Matt Haney (D-San Francisco) has announced new legislation that would create California’s first legal framework for organizations that use blockchain or other technologies to create Decentralized Autonomous Organizations (DAOs)—which are a cornerstone of the crypto movement.