2025 Regular Session • Rhode Island Legislature
H5121: Creates a process for licensure and oversight by DBR over the practices and procedures of virtual currency kiosk operators to prevent fraud related to the use of virtual currency kiosks, by establishing daily transaction limits and the regulating of fees.
Legislative Summary
FINANCIAL INSTITUTIONS -- CURRENCY TRANSMISSIONS - Creates a process for licensure and oversight by DBR over the practices and procedures of virtual currency kiosk operators to prevent fraud related to the use of virtual currency kiosks, by establishing daily transaction limits and the regulating of fees.
Demographic Impact
Overall analysis of equity impact
60% Positive
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Bill History
1/22/2025
Introduced, referred to House Innovation, Internet, & Technology
House of Representatives
2/7/2025
Scheduled for hearing and/or consideration (02/11/2025)
House of Representatives
2/11/2025
Committee recommended measure be held for further study
House of Representatives
3/7/2025
Scheduled for consideration
House of Representatives
3/11/2025
Meeting postponed (03/13/2025)
House of Representatives
3/25/2025
Scheduled for consideration (03/27/2025)
House of Representatives
3/25/2025
Proposed Substitute
House of Representatives
3/27/2025
Committee recommends passage of Sub A
House of Representatives
4/4/2025
Placed on House Calendar (04/10/2025)
House of Representatives
4/10/2025
House passed Sub A
House of Representatives
Roll Call Votes
Passage
4/10/2025
67
Yea
0
Nay
8
Not Voting
0
Absent
Result: PASSED
Status Information
Current Status
Engrossed(4/10/2025)
Chamber
Senate
