§ 3904
81 words·~1 min read·
/ca/financial-code/3904A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.