CA AB76

Expands California's money laundering law to include transactions conducted using blockchain technology, in addition to transactions through traditional financial institutions.

Redefines "monetary instrument" to include digital assets that use blockchain technology, replacing previous language that specifically listed nonfungible tokens and cryptocurrencies.

Adds definition of "blockchain technology" as a distributed digital ledger of cryptographically signed transactions grouped into blocks, where each block is cryptographically linked to the previous one.

Maintains existing penalties for money laundering: imprisonment up to one year or state prison, fines up to $250,000 or twice the property value (whichever is greater), with enhanced penalties for subsequent convictions and based on transaction amounts exceeding specified thresholds ($50,000 to $2,500,000+).

Declares that no state reimbursement to local agencies is required because costs result from creating a new crime definition under Government Code Section 17556.