![Judge's wooden gavel and Bitcoin Judge's wooden gavel and Bitcoin on gavel stand](https://coingeek.com/wp-content/uploads/2023/02/Judges-wooden-gavel-and-Bitcoin-380x188.jpg)
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, a step taken to reduce the risks associated with investing in digital assets.