United States of America: Digital Financial Asset Law (AB 39)
Progress
Scope
Timeline of events
Implemented Digital Financial Asset Law (AB 39)
On 1 July 2025, the Digital Financial Asset Law (AB 39) was implemented. The Law defines digital financial assets as a “digital representation of value that is used as a medium of exchange, unit of account, or store of value, and that is not legal t…
SourceSigned Digital Financial Asset Bill (AB 39)
On 13 October 2023, the Governor of California signed the Digital Financial Asset Bill (AB 39) into law. The Bill defines digital financial assets as a “digital representation of value that is used as a medium of exchange, unit of account, or store …
SourceAdopted Digital Financial Asset Bill (AB 39)
On 14 September 2023, the Digital Financial Asset Bill (AB 39) was adopted by the California State Senate. The Bill defines digital financial assets as a “digital representation of value that is used as a medium of exchange, unit of account, or stor…
SourceIntroduced Digital Financial Asset Bill (AB 39)
On 5 December 2022, the Digital Financial Asset Bill (AB 39) was introduced in the California State Assembly. The Bill defines digital financial assets and sets licensing requirements. The Bill outlines provisions for certain exemptions, examination…
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