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California DFPI Rules No MTA License Required Tokenized US Dollars

Published: November 17, 2022

California Department of Financial Protection & Innovation issued opinion regarding whether unnamed requestor must be licensed under California's Money Transmission Act offer platform trading services or issue tokenized versions of US Dollar or securities. Cal Fin Code 2030.

Source: natlawreview.com

Related Topics:

United StatesIndustrial Development Corporation LawSavings Association LawCalifornia Department Of Financial Protection InnovationCalifornia DepartmentFinancial ProtectionMoney Transmission ActCorporate Securities LawFinancing LawDeferred Deposit Transaction LawEpartment Of Financial Protection And InnovationAus DollarsOkenized DollarsMoney Transmission Act