2024 Press Release

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2024 Press Release

Court Upholds Daily Transaction Limit for Crypto Kiosks

The DFPI announced today that the Superior Court for Los Angeles County has upheld the Digital Financial Assets Law’s landmark consumer protections for users of crypto asset kiosks, commonly known as “Bitcoin ATMs.”

DFPI Orders Credova Financial to Cease Hidden Junk Fees

The DFPI announced today that it has issued a consent order against Credova Financial, LLC. The order is part of an effort to protect consumers from hidden fees using the California Consumer Financial Protection Law (CCFPL).