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BCC Declares Proposed Laws re: AB 1525 and Monetary Companies

BCC Announces Proposed Regulations re: AB 1525 and Financial Services

On January 14, the California Bureau of Cannabis Control (BCC) released an announcement of the proposed AB 1525 regulations, approved by the governor in September 2020. The purpose of AB 1525 was to provided that any entity as defined that receives deposits, grants loans, conducts cash transfers, carries cash or financial instruments, or provides other … Read more