Policy Reference

California

Crypto law profiles, official sources, milestones, and related coverage for California.

United States
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Topic
Law Type
Asset Class

Law database

3 law profiles

Law / Bill
Draft Intro Committee Passed Enacted Effective
California DFAL Stablecoin Amendments AB 1934 Enacted Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Current Effective Effective: Pending

Sponsored by Assemblymember Tim Grayson

AB 1934, Digital financial asset businesses; Digital Financial Assets Law stablecoin amendments

California amendments to DFAL that delay licensing and stablecoin operative dates to July 1, 2026, add monthly compliance records, and allow DFPI-approved stablecoins subject to conditions.

Last action: Sep 29, 2024 - Chaptered by Secretary of State as Chapter 945, Statutes of 2024.

Next: Jul 1, 2026 - Stablecoin chapter operative

California DFAL Crypto Kiosk Provisions SB 401; AB 1934 Partially effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Sponsored by Sen. Monique Limón

SB 401, Digital financial asset transaction kiosks; Financial Code Chapter 9

California DFAL Chapter 9 kiosk rules for digital financial asset transaction kiosks, including location reporting, $1,000 daily transaction cap, fee caps, disclosures, receipts, and July 1, 2026 licensing alignment.

Last action: Sep 29, 2024 - AB 1934 amended Financial Code §3907 to move kiosk licensing-related dates to July 1, 2026.

Next: Jul 1, 2026 - Kiosk licensing alignment date

California Digital Financial Assets Law (DFAL) AB 39; SB 401; AB 1934 Partially effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Sponsored by AB 39: Grayson; SB 401: Limón

Digital Financial Assets Law

California’s DFAL creates a DFPI licensing and supervision regime for many digital-asset businesses serving California residents, with phased kiosk rules and a July 1, 2026 license/application deadline.

Last action: Sep 29, 2024 - AB 1934 chaptered as Ch. 945, Statutes of 2024, extending DFAL licensing dates to July 1, 2026.

Next: Jul 1, 2026 - License/application deadline

Information is for general purposes only and not legal advice. See full disclaimer.