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California

California waters down AI safety bill to appease industry opposition
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20 August, 2024

California waters down AI safety bill to appease industry opposition

With input from Anthropic, lawmakers proceeded with the amendments to the SB-1074 bill, including limiting enforcement penalties and criminal perjury...
California DMV digitizes 42 million car titles on the blockchain
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6 August, 2024

California DMV digitizes 42 million car titles on the blockchain

The California DMV is working on a mobile app that’s expected to launch early next year to give 39 million...
SEC, California, Federal Reserve beat Silvergate Bank’s dead horse
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3 July, 2024

SEC, California, Federal Reserve beat Silvergate Bank’s dead horse

The U.S. securities regulator announced that it had filed charges against Silvergate Capital Corporation, which operated the California-based 'crypto-friendly' Silvergate...
California wants to get residents trained on generative AI
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1 December, 2023

California wants to get residents trained on generative AI

California is preparing for artificial intelligence (AI) integration, balancing benefits and risks in a detailed report, aiming for strategic regulation...
GSB Group draws ire of Texas, California over failed $175M metaverse fundraising scam
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27 November, 2023

GSB Group draws ire of Texas, California over failed $175M metaverse fundraising scam

GSB Group operated several companies, all of which solicited investment for stakes in a Dubai skyscraper and a metaverse, hiring...
California proposes new rules for digital currency campaign donations
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17 August, 2023

California proposes new rules for digital currency campaign donations

Regulators, including California's Fair Political Practices Commission, are revising digital currency campaign donations rules to ensure transparency and compliance.
California man charged in landmark CFTC pig-butchering scam enforcement
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28 June, 2023

California man charged in landmark CFTC pig-butchering scam enforcement

The regulator alleges that the man led a California operation that used online romance to swindle over $1.3 million from...
California county taps blockchain-based wallet to streamline processes
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2 May, 2023

California county taps blockchain-based wallet to streamline processes

During the pilot of the blockchain-based wallet, the county might be willing to explore the use cases of park facility...
Silicon Valley Bank follows Silvergate into the abyss—what comes next?
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11 March, 2023

Silicon Valley Bank follows Silvergate into the abyss—what comes next?

The Silicon Valley Bank will now need assistance from the Federal Deposit Insurance Corp. to have any hope of making...
California financial regulator sets up real-time digital currency scam tracker
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21 February, 2023

California financial regulator sets up real-time digital currency scam tracker

To counter the proliferating scams in the digital asset sector, the DFPI utilizes a scam tracker that displays the name...
California consumer protection body eyes regulating digital currencies
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15 February, 2023

California consumer protection body eyes regulating digital currencies

Under the proposed bill, firms offering digital currency trading and services would need to apply for a permit with DFPI,...
California flags 17 virtual currency websites for alleged fraudulent activities
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31 December, 2022

California flags 17 virtual currency websites for alleged fraudulent activities

Scammers use age-old methods like phishing and impersonation to lure victims into investing in the lucrative digital asset sector, promising...