California regulators fined Nexo $500,000 for issuing at least 5,456 loans without a state lending license and failing to assess borrowers’ ability to repay. The company must move California customer funds within 150 days.

California's DFPI released DFAL implementation timeline, requiring crypto service providers to obtain a license by July 1, 2026 or face enforcement. The law covers exchanges, custodial services, and ATM operators. Application opens March 9, 2026, with a $7,500 fee. California hosts one-quarter of US blockchain companies.

California regulators fined Coinme over violations tied to digital asset kiosk rules, ordering consumer restitution, staged penalty payments, and a year of compliance reporting.

California Assembly passes two unanimous bills: AB 1180 to accept crypto for taxes by 2026, and AB 1052 to hold dormant exchange assets for 3 years without selling. Now heading to Senate, potentially sparking nationwide adoption.

California Assembly unanimously passed AB 1052 (state custody of abandoned crypto after 3 years, not to be sold) and AB 1180 (pilot program accepting crypto for taxes starting July 2026). Both bills now head to the Senate, potentially setting a national precedent.

California Assembly passed two crypto bills: AB1180 allows Bitcoin tax payments from 2026; AB1052 lets state take custody of abandoned crypto after 3 years, without selling them. Both go to Senate.

California lawmakers advanced AB 1052 and AB 1180, two crypto bills covering dormant exchange-held assets and a pilot for paying state taxes and fees with Bitcoin and other digital currencies starting in 2026.

California lawmakers advanced two crypto bills: AB 1052 would let the state custody exchange-held crypto inactive for three years without selling it, while AB 1180 would launch a pilot to accept crypto for taxes and fees starting in July 2026.