summary
Introduced
02/19/2026
02/19/2026
In Committee
Crossed Over
Passed
Dead
Introduced Session
2025-2026 Regular Session
Bill Summary
An act to amend Section 3201 of the Financial Code, relating to financial regulation.
AI Summary
This bill makes minor, non-substantive changes to existing law that prohibits individuals or companies from conducting "digital financial asset business activity" – which refers to activities related to digital currencies or assets – with California residents starting July 1, 2026, unless they meet certain requirements, such as being licensed by the state, having an application pending, or being exempt from licensing.
Sponsors (1)
Last Action
From printer. May be heard in committee March 22. (on 02/20/2026)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260AB2285 |
| BillText | https://leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=202520260AB2285#99INT |
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