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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The Cyberspace Administration of China (CAC) issued a new warning about “illegal information, accounts and websites” promoting cryptocurrency on August...
