California Gov. Newsom greenlights crypto regulation invoice for 2025

California Governor Gavin Newsom has authorised a cryptocurrency invoice that enforces stricter laws on companies conducting crypto operations, set to start in July 2025.

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

Proceed Studying on Coin Telegraph