Crypto Unit

DFPI recently formed a Crypto Unit under the direction of the DFPI’s Commissioner. The Crypto Unit contributes to DFPI’s supervision, examination, enforcement, and general oversight work relating to crypto assets under all laws that DFPI administers, from banking and lending to securities and commodities. In particular, since Governor Newsom signed into law Assembly Bill 39 and Senate Bill 401, together called the Digital Financial Assets Law (DFAL), on October 13, 2023, the Crypto Unit has been leading DFPI’s implementation of DFAL.

The Crypto Unit welcomes meetings with interested stakeholders.  Please contact us to arrange a discussion.

For more information about DFAL and DFPI’s efforts to implement DFAL, please visit the following DFPI pages:

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Last updated: Apr 18, 2024 @ 1:38 pm