The Digital Financial Assets Law (DFAL) is California’s framework for regulating certain digital financial asset business activity. It interacts with long-standing expectations for anti-money-laundering programs, consumer protection, information security, capital and bonding, and specialty topics like stablecoin and kiosk programs where they apply. Exact obligations depend on your activities, charter, and facts—always confirm with counsel.
The California Department of Financial Protection and Innovation (DFPI) supervises many licensees and applicants in this space, publishes guidance, and interacts with firms through licensing and examination processes. Official hubs and contact paths should be taken from DFPI directly (for example the DFPI Crypto Business Hub).
Many firms use the Nationwide Multistate Licensing System (NMLS) to structure company applications (often described as MU1-style) and individual control-person filings (often described as MU2-style). CompliFi mirrors those bundles as workflows so teams can align vault filenames, due dates, and narratives with what reviewers expect to see in the system of record.
Not necessarily. Some firms evaluate exemption or carve-out postures based on activities, revenue, and structure. That analysis is fact-specific. CompliFi onboarding can reflect whether you are pursuing a license or evaluating exemptions so the UI stays focused on the right checklist noise level—your counsel makes the final call.
Deep modules are topic-focused areas inside the workspace—such as AML, cybersecurity with NIST CSF-style self-assessment scaffolding, stablecoin reserves, kiosk UAAR rhythm, consumer complaints, and electronic precious metals—that align evidence and tasks to recurring DFAL themes when you select the relevant activities.