CALIFORNIA
California Partners with NVIDIA to Enhance AI Education for Students and Educators
California announces an AI education initiative with NVIDIA, aimed at equipping universities and community colleges with generative AI skills.
California's Crypto Voters: A Pivot in the 2024 Elections
Coinbase's data indicates that California's 8.2 million crypto owners could significantly influence the 2024 elections, with a strong preference for candidates who support innovative and crypto-friendly policies.
California Advances in Generative AI with New Report
The Newsom Administration's report on Generative AI outlines California's approach to regulating and embracing this technology, emphasizing education and workforce training for responsible use.
California Proposes Crypto ATM Regulations Amid Rising Fraud
California lawmakers propose regulations on cryptocurrency ATMs to combat escalating fraudulent activities. The bill, dubbed "Digital Financial Asset Transaction Kiosks," recommends a daily withdrawal limit of $1,000 and a cap on operators' fees, with implementation eyed for January 1, 2024. While some victims of ATM scams applaud the measure, crypto ATM operators express concerns over the potential adverse impact on small operators.
California Governor Signs Digital Financial Assets Bill, Tightening Crypto Regulations from July 2025
California Governor Gavin Newsom signed the Digital Financial Assets Law on October 13, 2023, initiating a robust regulatory framework for cryptocurrency activities in the state from July 1, 2025. The law necessitates licensure from the Department of Financial Protection and Innovation for individuals and businesses dealing in digital assets. This regulatory shift, contrasting Newsom’s earlier stance in 2022, aligns with broader national trends towards formalizing digital asset transactions to curb fraud and enhance consumer protection.
California's FPPC Updates Campaign Disclosure Rules, Including Cryptocurrency Contributions
California's FPPC updated campaign rules, including guidelines for cryptocurrency contributions, ensuring compliance with U.S. regulations and transparency in political financing.
The California DMV is set to digitize car titles and title transfers
The project modernises the DMV's record-keeping and reduces fraud by dealers selling defective autos.
California Cannabis Grower Using Blockchain For Tracking
Blockchain and smart contracts help a California cannabis nursery authenticate its therapeutic plants. EMTRI and Global Compliance Applications announced a relationship with Mendocino Clone Company, a nursery. It will use blockchain to batch-certify all clones, or baby plants.
California Gov Vetoes Digital Currency Licensing Bill
California Governor Gavin Newsom has vetoed Bill 2269 proposed by State Congressman Tim Grayson on grounds that a more flexible approach is needed to address crypto regulations.
Campaigners In California Can Now Receive Donations in Cryptocurrency
California campaigners may now receive donations through Bitcoin (BTC) and other cryptocurrencies
‘Multiple’ Crypto Lending Firms Are Under Investigation, Says California Regulator
DFPI is investigating several firms offering “crypto-interest accounts” after these platforms abruptly suspended funds withdrawals. These firms have recently put the lives of millions of consumers at risk.
California Signs Executive Order to Formulate Crypto Regulations
The US state of California announced that state agencies will work with the federal government to formulate digital currency regulations to officially accept and supervise cryptocurrencies.
California Crypto Bill Seeks to Measure the Consumer Impact of Digital Assets
California’s Senate Banking and Financial Institutions Committee has unanimously passed Assembly Bill 2150 which will help define digital assets as well as to measure its potential impact on the state and consumers
California Man Pleads Guilty to Running Illegal Bitcoin ATMs and Money Laundering
Kais Mohammad has agreed to plead guilty to federal charges of operating an illegal Bitcoin ATM business that laundered over $25 million.