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Top News In Fin Tech Today - Breaking & Trending Today

California Passes Expansive - Vimarsana News

California Passes Expansive

On October 13, 2023, California enacted the Digital Financial Assets Law ("DFAL"). The new law, which takes effect on July 1, 2025, establishes a comprehensive framework for the licensing and oversight...

Source: mondaq.com
Asset Tokenization Takes A Big Step Forward - Fin Tech - Vimarsana News

Asset Tokenization Takes A Big Step Forward - Fin Tech

The tokenization-of-real-world-assets is seen by many as a practical and promising use-case for blockchain technology, and as an important input for the future of decentralized finance with broader applications.

Source: mondaq.com
NY AG Sues Gemini, Genesis, And DCG For Fraud - Fin Tech - Vimarsana News

NY AG Sues Gemini, Genesis, And DCG For Fraud - Fin Tech

On 19 October 2023, New York Attorney General Letitia James filed a lawsuit against cryptocurrency companies Gemini Trust Company, LLC (Gemini), Genesis Global Capital, LLC (Genesis)...

Source: mondaq.com
California Enacts Digital Financial Assets Law - Fin Tech - Vimarsana News

California Enacts Digital Financial Assets Law - Fin Tech

On October 13, California Governor Gavin Newsom signed into law Assembly Bill 39 (AB 39), establishing a Digital Financial Assets Law (DFAL) set to go into effect July 1, 2025.

Source: mondaq.com
CFPB Warns Of Dangers Related To Nonbanks Managing Payments And Issuing Stablecoins Outside Of The Banking System - Financial Services - Vimarsana News

CFPB Warns Of Dangers Related To Nonbanks Managing Payments And Issuing Stablecoins Outside Of The Banking System - Financial Services

On October 6, 2023, Rohit Chopra, the Director of the Consumer Financial Protection Bureau ("CFPB"), gave a speech at the Brookings Institute's "Payments in a Digital Century" event.

Source: mondaq.com