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https://icon.gateimg.com/images/coin_icon/64/hera.png?v=1743408000
HERAHERA
HERA
8.13%

The "Digital Financial Act" in California, USA is set to take effect in July 2025. The act imposes stricter regulations on businesses engaged in Crypto Assets operations, requiring individuals and companies to obtain a license from the Department of Financial Protection and Innovation (DFPI) in order to conduct digital financial asset businesses. The act mandates that licensees retain records for 5 years, including at least monthly-maintained general ledgers that list 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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