Crypto groups pushed for more flexible licensing procedures in the first round of comments submitted Friday to the California agency in charge of penning new regulations in the wake of notable fraud cases.
The Department of Financial Protection and Innovation said at a listening session Jan. 8 that it anticipates kicking off rulemaking “in the near future” for regulating the $1 billion sector.
The cryptocurrency space is eagerly waiting for any details on licensing, set to begin July 2025 thanks to a new California law that aims to create more accountability in the sector after national headlines of turmoil and ...
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