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Digital financial asset businesses: regulatory oversight.

It became law on Oct 13, 2023.

CA AB 39 · Assembly Bill · 2023–2024

Stage
Became law
Started in
Assembly
Sponsors
4
Latest action
Oct 13, 2023

What it does

Existing law, the Money Transmission Act, generally prohibits a person from engaging in the business of money transmission, as defined, without a license from the Commissioner of Financial Protection and Innovation.

Read the full text

Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Oct 13, 2023

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

Where it goes next

Once a bill is decided, the questions are about what is done with it in California.

Work with this bill

Digital financial asset businesses: regulatory oversight. | 52