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2025/07/01 00:00:00
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The California "Digital Financial Assets Law" imposes stricter regulations on businesses engaged in Crypto Assets activities, requiring individuals and companies to obtain a license from the Department of Financial Protection and Innovation (DFPI) to conduct digital financial asset business. The law mandates that licensees retain records for 5 years, including at least monthly maintained ledgers listing all assets, liabilities, capital, income, and expenses.
Disclaimer: The Crypto Calendar is for informational purposes only and doesn’t reflect Gate.com’s views or serve as financial advice.
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