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…
SourceOn 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 …
SourceOn 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…
SourceOn 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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