California Statutes
§ 3904. — 3904. (Added by Stats. 2023, Ch. 871, Sec. 1.)
California § 3904.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 1.25.DIVISION 1.25. Digital Financial Assets Businesses
Ch. 9.CHAPTER 9. Digital Financial Asset Transaction Kiosks
This text of California § 3904. (3904. (Added by Stats. 2023, Ch. 871, Sec. 1.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Cal. Financial Code - FIN Code § 3904. (2026).
Text
On or after January 1, 2025, an operator shall not collect charges, whether direct or indirect, from a customer related to a single digital financial asset transaction that exceed the greater of the following:
(a)Five dollars ($5).
(b)Fifteen percent of the United States dollar equivalent
of digital financial assets involved in the transaction according to the publicly quoted market price of the digital asset on a licensed digital financial asset exchange at the time the customer initiates the transaction.
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Legislative History
Added by Stats. 2023, Ch. 871, Sec. 1. (SB 401) Effective January 1, 2024.
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Bluebook (online)
California § 3904., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/3904..