Phillip Chen, a Republican representative in the California State Assembly, has announced a strategic partnership with Proof of Workforce, a Santa Monica-based nonprofit organization, to introduce pro-Bitcoin legislation in the upcoming legislative session.
The initiative seeks to establish a clear regulatory framework for integrating Bitcoin into local and state institutions. The collaboration will prioritize financial education, community engagement, and exploring Bitcoin’s potential role in California’s infrastructural development.
Dom Bei, founder of Proof of Workforce, highlighted the importance of the partnership, stating:
“Bitcoin’s Genesis story has deep roots in California. A huge part of that Genesis story is an innovative network, designed to protect the time, energy, and value of everyday, working people. Bitcoin isn’t partisan; it’s uniquely Californian.”
The plan builds on prior achievements, such as the establishment of Santa Monica’s Bitcoin Office last summer. According to Santa Monica Mayor Lana Negrete, the initiative sparked widespread interest, with several other cities now preparing to replicate the model.
In addition to crafting legislation, Chen and Proof of Workforce aim to educate workers, unions, and pension funds about Bitcoin’s potential benefits within the public sector. By increasing awareness and understanding, the partnership hopes to position Bitcoin as a viable tool for enhancing California’s financial and technological landscape.
This effort signals a growing interest in adopting Bitcoin-driven solutions for economic and community development at both local and state levels.
January 2025, Cryptoniteuae