Financial Code § 3904
‹ § 3902§ 3905 ›Open in browserleginfo ↗3904.
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.
(Added by Stats. 2023, Ch. 871, Sec. 1. (SB 401) Effective January 1, 2024.)