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.” The services that the agency is requesting, per a document posted on the site, include “data ingestion and staging” as well as “errorresolution and report revision” and “meeting participation and trial assistance,” among other work.
Licensees, exchanges, and other market participants should prepare to comply with the listing, disclosure, capital, and other requirements that the new law imposes. Issuers of stablecoins would therefore need to be licensed unless they block California residents, but not issuers of utility tokens or creators of tokenized real-world assets.
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