California Governor Signs "BitLicense" Crypto Licensing Bill Into Law, Effective July 2025
California Governor Gavin Newsom approved a crypto licensing bill that is set to enforce a structural framework for businesses conducting operations in the crypto industry and is set to take effect in July 2025. On Frida...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
On Friday, October 14, Newsom declared that the bill, titled the Digital Financial Assets Law, will make it mandatory for both individuals and firms to obtain a Department of Financial Protection and Innovation (DFPI) license if they want to continue operating in California....
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