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California
California 'BitLicense' Bill Signed by Gov. Newsom
The Digital Financial Assets Law will take effect on July 1, 2025.

Fed Report: Silvergate Bank Got Fatally Ensnared in Crypto While Examiners Shrugged
The Federal Reserve's inspector general studied the bank’s collapse and concluded the Fed’s examiners failed to quickly flag its problems and managers were “ineffective.”

Kim Kardashian EMAX Suit to Proceed as Court Considers Updated Complaint
A California judge backtracked on a tentative ruling to dismiss the allegations against the reality TV star after receiving a more detailed complaint.

Liability of Decentralized Autonomous Organizations (DAOs) Explored in U.S. Court
A U.S. court in California has ruled in favor of plaintiffs who alleged that the bZx protocol and governance token-holding members of its decentralized autonomous organization (DAO) were negligent and liable for losses resulting from a hack that drained its treasury. "The Hash" panel discusses the case and the implications for the future of DAOs.

California Leads the Way as U.S. Federal, State Agencies Consider Blockchain’s Applications: Bank of America
The tokenization of vehicle titles could enable fractionalized vehicle ownership, the report said.

DOJ, SEC Probing Silicon Valley Bank’s Collapse: Report
The U.S. Justice Department and the Securities and Exchange Commission are investigating the collapse of Silicon Valley Bank (SVB), according to a report from the Wall Street Journal. “The Hash” panels weighs in on the scrutiny faced by the California-based bank from regulators.

Coinbase Sued by Customer Who Says Exchange Refused to Reimburse Him for $96K Lost in Hack
The victim alleges the exchange violated various laws when it failed to pay him for the money he lost.

CFTC Charges California Firm and CEO With Fraud, Misappropriation of Digital Assets
The commission alleges the defendants fraudulently solicited over $7 million worth of bitcoin and ether and misappropriated some of the funds in a Ponzi scheme.

Crypto Software Firm President: We're Trying to Make California’s DMV More Efficient With Blockchain
Andrew Smith, president of Oxhead Alpha, discusses why his firm is using the Tezos blockchain to build out the protocol.

How California's DMV Aims to Modernize Car Title Management Via Tezos
Oxhead Alpha is partnering with California's DMV with the aim of modernizing vehicle titling solutions based on the Tezos blockchain. Andrew Smith of Oxhead Alpha explains the choice behind Tezos, referencing the blockchain's governance structure.
