![California regulator flags 17 cryptocurrency websites suspected of defrauding victims](https://crypto.news/app/uploads/2022/12/Crypto-scam-fraud-hack-generic-9-1-880x525.jpg)
California News
Latest California News
![Ripple donates $100k in XRP for California wildfire relief](https://crypto.news/app/uploads/2024/07/crypto-news-XRP-option01-880x523.webp)
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Ripple has pledged $100,000 in XRP to aid recovery efforts for communities affected by the ongoing California wildfires. The donation will benefit nonprofit organizations World Central Kitchen and GiveDirectly, focusing on both immediate relief and long-term rebuilding support. The contribution,…
![Web3 smart ring developer CUDIS joins forces with Californian sports giant](https://crypto.news/app/uploads/2024/03/crypto-news-fan-coins-basketball-option02-880x525.webp)
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Draper Associates-backed CUDIS has partnered with UCLA Athletics for a year-long collaboration to promote web3 smart rings among students and athletes. The web3 wellness company CUDIS has announced a one-year partnership with UCLA Athletics, a Californian collegiate sports program, to…
![California residents indicted in $22m crypto fraud case](https://crypto.news/app/uploads/2024/08/crypto-news-Durovs-arrest-option03-880x523.webp)
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Federal prosecutors indicted California residents Gabriel Hay and Gavin Mayo, charging them in a $22 million crypto fraud scheme.
![California permanently cuts off BlockFi’s license over bad lending practices](https://crypto.news/app/uploads/2023/12/crypto-news-document-white-papper-option01-880x525.webp)
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The California Department of Financial Protection and Innovation has permanently revoked BlockFi’s lending license following its bankruptcy and regulatory issues. BlockFi, a crypto lending platform, collapsed in 2022 amid financial troubles tied to the downfall of crypto exchange FTX. BlockFi…
![CFTC wins $36m victory in California crypto fraud case](https://crypto.news/app/uploads/2024/07/crypto-news-Modern-fraud-prevention-measures-stifle-crypto-market-growth-option03-880x523.webp)
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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…
![Santa Monica ‘Bitcoin Office’ webpage goes live](https://crypto.news/app/uploads/2024/08/crypto-news-broken-bitcoin-option09-880x523.webp)
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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…
![Nearly 90% of California crypto owners favor pro-crypto political candidate, Coinbase reveals](https://crypto.news/app/uploads/2023/11/crypto-news-Coinbase03-880x525.webp)
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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 Governor Gavin Newsom signs bill regulating crypto](https://crypto.news/app/uploads/2023/10/crypto-news-Gavin-Newsom02-880x525.webp)
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California Gov. Gavin Newsom has reportedly enacted two significant crypto-related legislative measures. The new laws aim to create a solid regulatory framework.
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![World Mobile obtains licensed spectrum in California and 3 other US States](https://crypto.news/app/uploads/2023/07/World-Mobile-Secures-Spectrum-Ahead-of-US-Expansion05-880x525.jpg)
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World Mobile, a decentralized wireless network operator, has obtained up to 20MHz spectrum in California, New Mexico, Nevada, and Utah
![Santa Cruz debuts digital blockchain wallet pilot program](https://crypto.news/app/uploads/2023/02/crypto-news-quarter-report-dark-tones-sixties-retro-futuristic-illustration-880x525.jpg)
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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.
![California watchdog hunts crypto businesses for creating fake AI CEOs](https://crypto.news/app/uploads/2023/03/crypto-news-The-robot-hand-holds-a-coin-with-the-bitcoin-symbol-on-it-trading-chart-background-dark-tones-low-poly-style-880x525.jpg)
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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.
![BlockFi to refund California borrowers over $100,000](https://crypto.news/app/uploads/2023/02/crypto-news-bald-eagle-front-view-portrait-cartoon-character-united-states-flag-on-background-low-poly-style-880x525.jpg)
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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 DMV will use Tezos to digitize its car title management system](https://crypto.news/app/uploads/2022/02/Tezos_XTZ_Advanced_infrastructure_for_smart_contracts-880x525.jpg)
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California State Department of Motor Vehicles (DMV), alongside its partners, is hoping to move its vehicle registration and title management service to the blockchain.
![California regulator flags 17 cryptocurrency websites suspected of defrauding victims](https://crypto.news/app/uploads/2022/12/Crypto-scam-fraud-hack-generic-9-1-880x525.jpg)
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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.
![California watchdog issues cease order on crypto firm](https://crypto.news/app/uploads/2022/12/Legislation-Regulation-generic-1-1-880x525.jpg)
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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.
![The California Finance Commission revokes BlockFi’s license](https://crypto.news/app/uploads/2022/09/California_Assembly_Passes_Crypto_Regulation_Bill_That_Requires_Bank-Issued_Stablecoins-880x526.jpg)
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California's finance regulatory commission has suspended BlockFi's lending license for 30 days.