FAMEEX Hot Topics | California consumer protection body eyes regulating digital currencies
2023-02-15 02:40:35Non-profit advocacy group The Consumer Federation of California (CFC) has sponsored a bill seeking to establish a new licensing regime for digital currency service providers operating in the state.
The bill was introduced on the house floor by Assemblymember Timothy Grayson at the end of January. Aimed at preventing losses for Californian digital asset investors, the Digital Financial Assets Law will require virtual currency companies to seek a license with the California Department of Financial Protection and Innovation (DFPI).
Extract from article of coingeek
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FAMEEX's official view.
Other articles
FameEX Hot Topics | Bitcoin Metric Signals $100K Was the Bottom — When Will the Next Rally Begin?Qatar Cryptocurrency & Dubai’s Breakthrough: First Tokenized Fund ApprovedXLM Crypto Price Breakout: Stellar (XLM) Surges as TVL Hits $97.7M – Next Target $0.284?Is Cardano (ADA) a Good Investment? 2025 Outlook Amid Stablecoin Talks & ETF RumorsFameEX Morning Crypto News Recap | July 9, 2025Trump Media’s Crypto Blue Chip ETF: What It Means for Bitcoin, Ethereum & SolanaLittle Pepe (LILPEPE) Raises $4M in Presale – Next Big Meme Coin with Layer-2 Blockchain?Chill Guy Meme Coin Surges 4.9%: Binance Listing Rumors & Price OutlookVIC Crypto Price Surges 129%: Rally Drivers & Overbought RisksFameEX Hot Topics | Bitcoin Bollinger Bands Tighten, Signaling Imminent Upside Breakout