California DFPI Updates
DFPI’s Crypto Asset-Related Products and Services Survey for Banks, Credit Unions, and Trust Cos.
The DFPI recently surveyed every California bank, credit union, and trust company about how they’re currently using or planning to use blockchain technologies and crypto asset-related financial products and services. The DFPI wanted to know: what these institutions are currently offering. what initiatives they had on their future roadmap. what areas should be covered in……...
Read MoreColeman’s California DFPI Update
New DFPI Regulations Take Effect Before Year-End — Are you Ready? Starting December 9, the California regulated lenders must follow new disclosure regulations when offering commercial loans to California-based small businesses. These new regulations apply to state regulated bank and credit union companies lending to California’s Main Street. Also affected are merchant cash advance lenders……...
Read More