Go to Other Versions of The California Code
  1. 2025 California Code (here)
  2. 2024 California Code
  3. 2023 California Code
  4. View All Versions

2025 California Code
Financial Code - FIN
DIVISION 1.25 - Digital Financial Assets Businesses
CHAPTER 2 - Licensure
Section 3201.

Universal Citation:
CA Fin Code § 3201 (2025)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.
Next

3201. On or after July 1, 2026, a person shall not engage in digital financial asset business activity, or hold itself out as being able to engage in digital financial asset business activity, with or on behalf of a resident unless any of the following is true:

(a) The person is licensed in this state by the department under Section 3203.

(b) The person submits an application on or before July 1, 2026, and is awaiting approval or denial of that application.

(c) The person is exempt from licensure under this division pursuant to Section 3103.

(Amended by Stats. 2024, Ch. 945, Sec. 1. (AB 1934) Effective January 1, 2025.)

Next
Disclaimer: These codes may not be the most recent version. California may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.