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Ian Calderon, a former member of California’s State Assembly, has launched a campaign to become the state’s next governor.
His announcement marks the beginning of a competitive race as voters prepare to choose a successor to Governor Gavin Newsom, who will leave office in 2026 due to term limits.
In a September 23 post on X, Calderon shared that his campaign will prioritize lowering everyday expenses such as housing, food, and fuel.
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He also stated that digital innovation, especially Bitcoin
Speaking about younger generations and their use of modern tools, Calderon pointed out that while many people rely on mobile apps for payments and digital assets for savings, current leaders are still using outdated approaches.
Calderon’s emphasis on Bitcoin comes at a time when political interest in cryptocurrency is on the rise. First elected in 2012 at age 27, Calderon was the youngest lawmaker in the California Legislature at the time.
During his eight-year tenure, he took a lead role in exploring blockchain policy. He helped establish California’s Blockchain Working Group, which developed early ideas for how the state could use this technology.
As part of his campaign messaging, Calderon has suggested that California should hold Bitcoin in its reserves. In a livestream on X, he promised to push for this decision if elected governor. He also proposed allowing Bitcoin to be used for certain state-run programs.
Meanwhile, the US Securities and Exchange Commission (SEC) is working on a proposal called an "innovation exemption". What is it? Read the full story.
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