Analysis: California blockchain companies with annual revenues of more than $25 million may be subject to the upcoming CCPA Act regulation

According to Cointelegraph, the California Consumer Privacy Act (CCPA) will enter into force on January 1, 2020, and Cointelegraph will issue an analysis of when blockchain companies are regulated by the Act. Specifically, CCPA's obligations are limited to “enterprise,” a for-profit business that conducts business in California, collects personal information, and meets at least one of the following conditions: 1. Total annual revenue exceeds $25 million; 2. Annual purchase, Selling or sharing personal information for at least 50,000 California consumers, households, or devices for commercial purposes; 3. 50% or more of its annual revenue comes from "selling" California consumer personal information.