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Updated:   2026-02-23

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Measure
Authors Valencia  
Subject Digital Financial Assets Law: prohibitions.
Relating To relating to financial regulation.
Title An act to amend Section 3201 of the Financial Code, relating to financial regulation.
Last Action Dt 2026-02-19
State Introduced
Status Pending Referral
Flags
Vote Req Approp Fiscal Cmte Local Prog Subs Chgs Urgency Tax Levy Active?
Majority No No No None No No Y
i
Leginfo Link  
Bill Actions
2026-02-20     From printer. May be heard in committee March 22.
2026-02-19     Read first time. To print.
Versions
Introduced     2026-02-19
Analyses TBD
Latest Text Bill Full Text
Latest Text Digest

The Digital Financial Assets Law, on or after July 1, 2026, prohibits a person from engaging in digital financial asset business activity, as defined, or holding itself out as being able to engage in digital financial asset business activity, with or on behalf of a resident unless any of specified conditions is true.