Regulation · US

California DFPI Opposes SEC Crypto Rule

· Source: The Fintech Times

The California Department of Financial Protection and Innovation has expressed opposition to a proposed SEC cryptocurrency rule.

The California Department of Financial Protection and Innovation has raised concerns regarding a proposed cryptocurrency rule by the Securities and Exchange Commission, citing potential risks to state-level oversight authorities.

Original report: The Fintech Times ↗

AI-assisted summary based on the publisher's report. Read the original for full details. Not financial advice.