Relating to: the regulation of digital assets.

AB 471 prevents cities, towns, and counties from banning residents or businesses from using digital assets (like cryptocurrency) to pay for goods/services or storing them in personal wallets (e.g., hardware or self-hosted wallets). It explicitly allows individuals to operate blockchain nodes, develop related software, transfer digital assets, and participate in staking (locking assets to support network security). The bill defines key terms like "digital asset" and "stake" to clarify these protections, ensuring local governments cannot restrict these activities. This directly affects digital asset users, service providers, and local governments across the state.