California Digital Financial Assets Law signed
California enacted the Digital Financial Assets Law through AB 39 and related provisions, creating a licensing and supervisory framework for many digital-asset businesses serving California residents. The law covered companies handling Bitcoin as part of broader digital-asset activity and set a future implementation period rather than imposing immediate full licensing on signing day.
California enacted the Digital Financial Assets Law through AB 39 and related provisions, creating a licensing and supervisory framework for many digital-asset businesses serving California residents. The law covered companies handling Bitcoin as part of broader digital-asset activity and set a future implementation period rather than imposing immediate full licensing on signing day.
The practical Bitcoin channel was direct to Bitcoin exchanges/custodians operating in California. The measure or case operated through law, licensing, custody, trading, or compliance rather than changing Bitcoin's protocol; where allegations or proposals were involved, they remained allegations or proposals at this stage.
The Bitcoin connection ran through to Bitcoin exchanges/custodians operating in California. Major state licensing regime affecting Bitcoin businesses.