California established a licensing framework for payment stablecoin issuers, effective October 1, 2026.
What changed
New regulatory requirements were established for entities engaging as state-qualified payment stablecoin issuers.
Compliance perspective
Businesses must obtain a license and comply with new prudential and AML requirements.
Key date
Effective date: October 1, 2026.
Need help keeping up with these changes?
Tell us where you operate and what licenses you hold; we'll handle the filings and renewals so changes like this do not catch you off guard.