Tag Archives: crypto

Department of Financial Protection and Innovation Takes Enforcement Action Against Crypto Lending Platform

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By Aparajita Pathak On January 14, 2026, the California Department of Financial Protection and Innovation (DPFI) fined Nexo Capital, a crypto lending platform, $500,000 in penalties for lending to California residents without a valid license. DFPI’s actions demonstrate an effort Continue reading →

DFPI Coordinates Efforts with the California DOJ to Crackdown on Cryptocurrency Scams to Protect California Consumers

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By Maya Patel On March 10, 2025, the Department of Financial Protection and Innovation (DFPI) announced that—through its new partnership with the Department of Justice (DOJ)—the state has shut down more than 26 different crypto scam websites, preventing further financial Continue reading →