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Calif. Agency Wants Input On Potential Crypto Regulation

June 1, 2022
in Regulation
Reading Time: 1 min read
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Calif. Agency Wants Input On Potential Crypto Regulation
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By Sarah Jarvis (June 1, 2022, 7:35 PM EDT) — California’s Department of Financial Protection and Innovation on Wednesday invited stakeholders and the public to provide input on potential guidance and regulations involving crypto asset-related financial products and services, following a related executive order from Gov. Gavin Newsom.

The DFPI’s invitation for comments lays out various topics and questions to aid those who provide input but noted stakeholders can comment on “any potential area for rulemaking” relating to crypto products and services.

One topic laid out by the agency — regulatory priorities — includes questions relating to protecting consumers from crypto-related scams, consumer education, investor protection and climate risks. The DFPI…

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