General Bill
Virtual Currency Kiosk Businesses:
Requires OFR to supervise virtual currency kiosk businesses; provides legislative intent; prohibits virtual currency kiosk business from operating without registering; requires certain entities to be licensed as money services businesses; provides that registration is not transferable or assignable; specifies requirements for certain disclosures & attestations; requires registrant to transact business under its legal name; requires registrant to hold new customers' assets in initial transactions in segregated wallets for specified period before initiating transactions; authorizes customers to request refunds during such holding periods; authorizes such customers' assets to be sold at market value & returned to customers; requires certain customers to be queried for specified information; provides criminal penalties.
Effective Date:
January 1, 2025
Last Event:
Died in Insurance & Banking Subcommittee on Friday, March 8, 2024 2:25 PM
| Bill #
|
Subject
|
Relationship
|
|
Bill #:
HB 1059
|
Subject:
Fees/Virtual Currency Kiosks
|
Relationship:
Linked
|
|
Bill #:
CS/SB 662
|
Subject:
Virtual Currency Kiosk Businesses
|
Relationship:
Similar
|
|
Bill #:
SB 1182
|
Subject:
Fees/Virtual Currency Kiosk Business
|
Relationship:
Compare
|
| Event |
Time |
Member |
Committee |
Ver. |
|
Event:
H Died in Insurance & Banking Subcommittee
|
Time:
03/08/2024 - 2:25 PM
|
Member:
|
Committee:
Insurance & Banking Subcommittee
|
Version:
__
|
|
Event:
H 1st Reading
|
Time:
01/09/2024 - 11:31 PM
|
Member:
|
Committee:
|
Version:
__
|
|
Event:
H Now in Insurance & Banking Subcommittee
|
Time:
01/05/2024 - 6:02 PM
|
Member:
|
Committee:
Insurance & Banking Subcommittee
|
Version:
__
|
|
Event:
H Referred to Commerce Committee
|
Time:
01/05/2024 - 6:02 PM
|
Member:
|
Committee:
Commerce Committee
|
Version:
__
|
|
Event:
H Referred to State Administration & Technology Appropriations Subcommittee
|
Time:
01/05/2024 - 6:02 PM
|
Member:
|
Committee:
State Administration & Technology Appropriations Subcommittee
|
Version:
__
|
|
Event:
H Referred to Insurance & Banking Subcommittee
|
Time:
01/05/2024 - 6:02 PM
|
Member:
|
Committee:
Insurance & Banking Subcommittee
|
Version:
__
|
|
Event:
H Filed
|
Time:
12/20/2023 - 4:20 PM
|
Member:
Steele
|
Committee:
|
Version:
__
|