CLE: DFAL Goes Live: What Digital Asset Firms Operating in California Need to Do Before July 1, 2026

Please join us for a CLE presentation on the California Digital Financial Assets Law (DFAL), which has a July 1, 2026 licensing application effective date. The CLE will discuss the law and associated regulations, its interplay with the broader digital assets regulatory framework in the United States, and the future of digital assets regulation. This program will be co-presented by Morrison Foerster Financial Services and Fintech partners Avy Mallik, former General Counsel of the California Department of Financial Protection and Innovation, which is tasked with overseeing DFAL, and Alexandra Steinberg Barrage, who will provide a practical overview of DFAL and highlight key developments at both the state and federal levels.

The session will cover:

• Overview of DFAL: who’s covered, what’s required in the license application, and how to plan before July 1, 2026. 

• What the application process will involve, with practical tips for licensees.

• Broader state-level activity on digital assets, including actions by state regulators and multistate coordination.

• Growing federal activity, including interplay with the GENIUS Act, and proposed legislation on a comprehensive digital assets market framework.

• What the future likely holds for digital assets regulation.

For in-person attendees, we invite you to stay for a networking lunch following the program.

Tell us what matters most to you. To help make this session as relevant as possible, please share the top three questions you’d like addressed during the presentation when you register.

Register for in person attendance.

Register for Zoom attendance.