California DFAL Stablecoin Amendments 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.



