币界网报道：[California's crypto asset regulator faces funding shortage] According to a report by Bijie.com, the California regulator responsible for overseeing California's cryptocurrency licensing law will need additional funds to launch the project before the scheduled implementation date of July 1, 2026. The California Department of Financial Protection and Innovation expects to face a funding gap of $193 million to set up multiple projects, including the Digital Financial Assets Act. The bill, which will be introduced in 2023, aims to establish a licensing framework for digital asset companies operating in the state. California is one of at least three states that have established a licensing system for this trillion-dollar industry, aimed at strengthening supervision of consumers and investors and preventing fraud. At the same time, the U.S. Senate is trying to pass legislation to provide a regulatory framework for the industry.