California governor Gavin Newsom signed two bills (Assembly Bill 39 and Senate Bill 401) into law on October 13, 2023, that will create an imposing regulatory framework.
As consumer-facing financial institutions of all types from well-established banks to newly-launched fintechs set their 2024 regulatory compliance goals, they may wonder if their New.
California Governor Gavin Newsom signed the California Digital Financial Assets Law (DFAL) and Senate Bill 401 on October 13, 2023, which together will regulate virtual currency.
On October 13, 2023, California Gov. Gavin Newsom signed two bills into law that will impose sweeping obligations on companies engaged in virtual currency activities in California and.