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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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