Tag Archives: DFAL

DFPI Expands Enforcement Scope in Amended Digital Financial Asset Law (DFAL) Rulemaking: Now Targeting Individual Tokens, Not Just Exchanges

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By Irene Lau On September 29, 2025, DFPI published a modification of proposed regulation that expands its enforcement regime for digital financial assets (cryptocurrency). DFPI’s initial statement of reasons from April 4, 2025, only required licensing and regulation of cryptocurrency Continue reading →

California Superior Court Rules in Favor of DFPI, Upholding Daily Transaction Limits for Crypto Kiosks

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By Devyn Arlasky Alliance for the Fair Access to Cryptocurrency Terminals v. the State of California, et al., Case No. 23STCP04679 (Cal. Super. Ct.). On August 12, 2024, the Superior Court for Los Angeles County sustained the Department of Financial Continue reading →