California State Assemblymember Reggie Chen is collaborating with Proof of Workforce, a Santa Monica-based non-profit, to educate workers, unions, pensions, and municipalities about Bitcoin. Their joint initiative aims to craft pro-Bitcoin legislation and explore ways to integrate Bitcoin into public policy, with the goal of benefiting local communities and infrastructure.
Proof of Workforce, led by founder Dom Bei, will work closely with Chen’s policy team to focus on educational outreach projects. The partnership plans to research how Bitcoin can be leveraged to improve California’s infrastructure and help revitalize struggling communities throughout the state. The collaboration emphasizes the power of cryptocurrency in addressing economic challenges and fostering innovation in government policy.
In addition to this new venture, Proof of Workforce has a history of working with California local governments. Last summer, the non-profit collaborated with the City of Santa Monica to launch an official Bitcoin office, marking an important milestone in the state’s growing crypto adoption.
The timing of this partnership is notable, as the U.S. is approaching a major shift in crypto policy under President-elect Donald Trump’s administration. As Trump prepares to take office on January 20, his administration is expected to introduce sweeping changes to cryptocurrency regulations, which could influence state-level decisions and strategies regarding Bitcoin adoption.
California’s collaboration with Proof of Workforce aligns with the state’s increasing interest in blockchain and cryptocurrency, and it underscores the potential role of digital assets in public policy and economic development. By bringing Bitcoin into the conversation, Chen and his team hope to lay the groundwork for a future where cryptocurrency is incorporated into broader financial systems, providing economic opportunities for all Californians.
As the landscape of U.S. crypto policy continues to evolve, California's efforts to integrate Bitcoin into public policy could serve as a model for other states, especially if federal regulations change under Trump’s administration. The state’s forward-thinking approach to cryptocurrency could set the stage for a new era of financial innovation, with Bitcoin playing a key role in shaping the future of local economies and national policy.
January 2025, Cryptoniteuae