WuShuo has learned that California's AB 2285 'Digital Financial Assets Banking Act' has advanced to the state Senate review stage. The bill aims to establish a regulatory framework for banks and credit unions to provide custody, staking, and trading services for digital assets, and requires relevant institutions to conduct annual audits. The bill also proposes that staking rewards are not classified as securities under the 1968 Corporate Securities Law. According to the latest updates, the bill completed its first reading in the Senate on June 18 and has been submitted to the Rules Committee. https://(wublock123.com)/news/california-ab-2285-senate-review-staking-rewards-not-securities-63148