Statute · California Financial Code
Cal. Fin. Code § 3904 — Digital Financial Asset Transaction Kiosks
Cal. Fin. Code § 3904
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 2024-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
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:
Citator
Cal. Fin. Code § 3904 — Digital Financial Asset Transaction Kiosks is in force in the current edition of the Code, and nothing recorded condemns it.
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.