The post Gavin Newsom Signs Cryptocurrency Licensing Bill Into Law! appeared first on Coinpedia Fintech News
California Governor Gavin Newsom has signed a cryptocurrency licensing bill, known as the Digital Financial Assets Law, which will take effect in July 2025. The law, seen as California’s alternative to New York’s infamous “BitLicense,” faced criticism from the industry but was passed by the state’s Assembly in September 2022. In a statement, Newsom acknowledged …
