HB07082: An Act Concerning Various Revisions To The Money Transmission Statutes, State Payments And Investments In Virtual Currency And Minors' Money Sharing Application Accounts.
Legislative Summary
To (1) define "virtual currency control services vendor", (2) establish requirements for virtual currency money transmission licensees concerning (A) disclosures, (B) receipts, (C) the use of virtual currency under the control of such licensees, and (D) the engagement of other persons to store or hold custody or control of virtual currency for or on behalf of a customer, (3) establish that certain virtual currency held by such licensees shall be deemed to be property interests of any claimants against such licensees, and (4) prohibit the state, and political subdivisions of the state, from (A) accepting or requiring payment in the form of virtual currency, or (B) purchasing, holding, investing in or establishing a reserve of virtual currency.
Demographic Impact
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Bill History
Amendments
Senate LCO Amendment #9593 (J)
Senate LCO Amendment #9593 (J)
Senate Schedule A LCO# 9593 (J)
Senate Schedule A LCO# 9593 (J)
House LCO Amendment #8192 (J)
House LCO Amendment #8192 (J)
House Schedule A LCO# 8192 (J)
House Schedule A LCO# 8192 (J)
