Bitcoin supporter and former California lawmaker Ian Calderon has officially launched his campaign for governor, bringing a strong pro-Bitcoin message into the state’s 2026 election. He positions himself as the candidate who will make California a global leader in digital assets. In a video posted to X, Calderon announced his candidacy, where he promised California to hold Bitcoin on its balance sheet and use it to fund state programs. He said this vision would restore the state’s reputation as a leader in technology while helping families facing high housing, food, and fuel costs. Calderon links Bitcoin plan to California’s economy 39-year-old Calderon started his campaign by saying California should use modern tools of money and technology to fix its economy and make life easier for its people. He explained that people handle everyday transactions with their phones and save part of their earnings in Bitcoin because they believe it is safer for the future than keeping all of it in cash. However, he noted that government leaders are still holding on to old systems and old ideas that no longer work, which Calderon linked directly to the state’s high prices of homes, food, and gas. Calderon also said California should keep Bitcoin as part of its own financial savings to send a clear message to the rest of the country and the world that the state is still ready to lead in new ideas. He reminded people that California has always been a place of innovation, and holding Bitcoin would encourage businesses and investors to come to the state. He went further in a livestream on X and explained that California should also use Bitcoin to pay for some of the state’s programs and services. By doing this, the government will show people it is serious about moving into the digital age. Calderon said he had been working on the idea for years. He even worked with the CEO of Satoshi Action Fund, Dennis Porter, in 2022 to introduce a bill that explored whether Bitcoin could be used as legal tender in California. The plan may not have moved forward, but it shows his commitment to finding ways for Bitcoin to become part of the state’s economy. California builds new laws to support digital assets California houses many well-known technology and financial companies, including one of the largest cryptocurrency exchanges in the world, Coinbase, and many other firms that started in Silicon Valley. The long history of innovation gives the state a unique position in building and supporting the future of money and digital assets. These reasons have been enough for lawmakers to pass new rules that can guide cryptocurrency growth while protecting people and businesses from unfair practices. The state passed the Digital Financial Assets Law in 2024, which will begin in July 2025, requiring all companies dealing with digital assets in California to apply for licenses. These firms must also register with the Department of Financial Protection and Innovation and keep detailed and accurate records of their activities. California has also started pilot programs to test how digital assets can work in everyday government life. Assembly Bill 1180 allows people to pay certain state fees with cryptocurrency, and this program will run until 2031. Assembly Bill 1052 updates the way the state handles unclaimed property and requires the state to keep any unclaimed cryptocurrency in its original form. If someone later comes back to claim their property, they will receive the same kind of asset and not a replacement in cash. The economy of California has the size and influence to set examples that other states and countries may follow. Want your project in front of crypto’s top minds? Feature it in our next industry report, where data meets impact.
