Skip to main content

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. 

New Bill to Create State Run MMA Fighters Pension Fund Passes Policy Committees

Assemblymember Haney’s AB 1136 will require Mixed Martial Arts promoters to set aside a portion of their ticket sales for a California state run pension fund for combat sports athletes

Sacramento, CA — Today, Assemblymember Matt Haney (D-San Francisco) along with renowned Mixed Martial Arts (MMA) champion coach Cesar Gracie and MMA referee and former pro-fighter Herb Dean celebrated the passing of AB 1136, the Mixed Martial Arts Pension Fund from both the Business and Professions Committee and the Arts, Entertainment, and Sports Committee.