United States: California Enacts Landmark Crypto Licensing Law - K&L Gates

Credit: Mondaq- Published on October 18, 2023
To date, crypto companies have been able to operate in California without a license, but that will change effective July 2025 under the state's newly-enacted "Digital Financial Assets Law" (the Law)...

Video credit: Wibbitz Top Stories
Published on October 17, 2023 -  01:31
California Gets Drought-Free Forecast Into 2025
California Gets , Drought-Free Forecast , Into 2025. 'Newsweek' reports that many of California's reservoirs have reached higher-than-average capacities, leading to hopeful forecasts for the drought-stricken state. In 2022, the entire state of California was classified as facing drought conditions. Over 16% of the state experienced exceptional droughts in 2022. . According to the United States Geological Survey (USGS), 'exceptional drought' conditions are the agency's most extreme classification. However, 2023 brought various storms and a wet winter that erased the drought throughout the state. On October 13, meteorologists at AccuWeather released an official prediction that California will be significant-drought-free into 2025. AccuWeather experts today are exclusively forecasting that there will be no significant drought in California into the winter of 2025, Bernie Rayno, AccuWeather Chief Video Meteorologist, via X. AccuWeather Chief Video Meteorologist Bernie Rayno added that many reservoirs in California are "running well above the historical average.". 'Newsweek' reports that while the reservoirs' water levels are expected to decrease through the winter, melting snow will help replenish the reservoirs in the spring. They're not really rising now because they're not adding precipitation and the snow has melted. They are lowering little by little, but further into the wet season we will start to see more of that change, Paul Pastelok, AccuWeather Senior Meteorologist, via 'Newsweek'. This is the first time in several years that we have seen the state have pretty much no drought. So that's a good sign for next year, Paul Pastelok, AccuWeather Senior Meteorologist, via 'Newsweek'

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