California News

New York resident William Koo Ichioka agreed to pay $36 million in a CFTC case alleging cryptocurrency and forex fraud. According to a Sept. 20 notice, Judge Vince Chhabria of the U.S. District Court for the Northern District of California…

The city of Santa Monica, California officially added a “Bitcoin Office” section on its website to bolster industry partnerships and increase employment opportunities. The move comes about a month after the Santa Monica City Council unanimously approved a pilot program…

A Toluna study for Coinbase reveals that 4 in 5 California crypto owners would support a pro-crypto political candidate. A recent study conducted by Toluna on behalf of crypto exchange Coinbase has shed light on the widespread adoption of crypto…

California Gov. Gavin Newsom has reportedly enacted two significant crypto-related legislative measures. The new laws aim to create a solid regulatory framework.

World Mobile, a decentralized wireless network operator, has obtained up to 20MHz spectrum in California, New Mexico, Nevada, and Utah

Santa Cruz County, California takes a bold step toward modernization by implementing a blockchain-based digital wallet pilot program for government services and official documentation.

The DFPI is going after crypto businesses for alleged use of artificial intelligence. According to them some companies used AI's to act as CEO's of their firm's operations.

Bankrupt cryptocurrency lender BlockFi has agreed to refund over $100,000 to California borrowers who continued to repay their loans after the platform halted withdrawals.  California’s Department of Financial Protection and Innovation (DFPI) announced that BlockFi had approved its servicer to…

California State Department of Motor Vehicles (DMV), alongside its partners, is hoping to move its vehicle registration and title management service to the blockchain.

On Dec. 27 and 28, the California Department of Financial Protection and Innovation (DFPI) released a comprehensive list of over 17 crypto sites suspected of defrauding users on its homepage. 

The California Department of Financial Protection and Innovation (DFPI) has ordered the cryptocurrency lending platform MyConstant to stop marketing many of its cryptocurrency-related products.

California's finance regulatory commission has suspended BlockFi's lending license for 30 days.

The Department of Financial Protection and Innovation (DFPI) in California has joined the bandwagon with other state regulators in cracking down on cryptocurrency organizations that violate security laws. These companies allegedly give out counterfeit schemes and services to investors.  11…

Several U.S. states, including California, New York, and South Carolina, could take legal action against Nexo, a cryptocurrency lender platform. California DFPI issues a Desist The state of California, through the Department of Financial Protection and Innovation (DFPI), gave an…

Gavin Newsom, the Governor of California, vetoed the state's BitLicense bill for crypto licensing saying states need a more flexible approach toward crypto regulation.

There seems to be no end to the woes facing troubled crypto lender Celsius. In its latest setback, the company has been ordered by California’s Department of Financial Protection and Innovation (DFPI) to halt all activities pertaining to the selling…