California Gov. Newsom greenlights crypto regulation invoice for 2025

California Governor Gavin Newsom has permitted a cryptocurrency invoice that enforces stricter laws on companies conducting crypto operations, set to start in 18 months.

In a assertion printed on October 13, Newsom declared that the invoice titled the ‘Digital Monetary Property Regulation,’ will make it obligatory for each people and companies to acquire a Division of Monetary Safety and Innovation (DFPI) license to have interaction in digital asset enterprise actions.

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