Legislation - SB0305

Title: Financial Institutions and Activities - Virtual Currency Kiosks - Registration and Regulation
Sponsored by: Senators Beidle and Hettleman
Status: In the Senate - Hearing 2/06 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Establishing registration and operating requirements for a virtual currency kiosk operator to operate a virtual currency kiosk in the State; authorizing the Commissioner of Financial Regulation to investigate and enforce the Act in a certain manner; and authorizing the Commissioner to assess against a virtual currency kiosk operator a civil penalty not to exceed $1,000 for each knowing and willful violation of the Act.

Committees

Original:: Finance

Details

Bill File Type: Regular

Effective Date(s): July 1, 2025

History

Legislation History
Chamber Senate Calendar Date 1/13/2025 Legislative Date 1/13/2025 Action First Reading Finance Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Financial Institutions and Activities - Virtual Currency Kiosks - Registration and Regulation Proceedings
Chamber Senate Calendar Date 1/22/2025 Legislative Date 1/22/2025 Action Hearing 2/06 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	1/13/2025	1/13/2025	First Reading Finance
			Text - First - Financial Institutions and Activities - Virtual Currency Kiosks - Registration and Regulation
Senate	1/22/2025	1/22/2025	Hearing 2/06 at 1:00 p.m.

File Code

Subjects

Statutes