California’s Digital Financial Assets Law (DFAL) is reshaping how crypto and digital asset firms operate with California businesses and consumers by introducing a dedicated licensing and oversight regime under the Department of Financial Protection and Innovation (DFPI). Companies that exchange, store, transfer, or administer digital assets for customers will soon need both a DFAL license and a robust compliance framework to continue doing business in the State of California.

Industry Veterans Launch PAARC Partners - A New Strategic Advisory and Consulting Firm for Fintechs and Financial Institutions. Las Vegas, NV - October 2025 - Seasoned financial services executives Luis Trujillo and Jonathan Abratt have announced the new era of PAARC Consulting with the launch of PAARC Partners; a next-generation advisory and consulting firm focused on helping financial institutions, fintechs, and payment companies navigate complex regulatory, compliance and