HB 319: Virtual Currency Kiosk Businesses

GENERAL BILL by Fabricio

Virtual Currency Kiosk Businesses; Requires OFR to supervise virtual currency kiosk businesses; prohibits virtual currency kiosk business from operating without registering or renewing its registration in accordance with certain provisions; specifies that certain money transmitters are exempt from registration but are subject to certain provisions; requires that certain entities that perform or prevent certain actions be licensed as money services businesses; provides that virtual currency kiosk business registration is not transferable or assignable; specifies requirements for specified disclosures & attestations displayed by virtual currency kiosk.

Current Bill Version Posted: 1/30/2025 03:30 PM

• Related Bills (1)

  Bill Number Subject Filed By Last Action and Location	Relationship Learn more about bill relationships
  S 292 by Burton Virtual Currency Kiosk Businesses Last Action: 5/3/2025 S Indefinitely postponed and withdrawn from consideration	Identical

• Analyses (1)

  Links in this section are PDF documents.

  • Insurance & Banking Subcommittee (Post-Meeting)   3/14/2025

• Citations - Statute (8)

  The page numbers, when listed, for citations are constantly under review. The journals or printed bills of the respective chambers should be consulted as the official documents of the Legislature.
  
  The links for the page numbers are formatted to open the bill text PDF directly to the page containing the citation. However, if your browser is set to open PDFs in a new window, as is often the case with 64-bit browsers, the bill text will open to the first page.

  560.103	Definitions.	Page 3 [pdf]
  560.105	Supervisory powers; rulemaking.	Page 6 [pdf]
  560.501		Page 7 [pdf]
  560.502		Page 7 [pdf]
  560.503		Page 9 [pdf]
  560.504		Page 13 [pdf]
  560.505		Page 17 [pdf]
  560.506		Page 18 [pdf]

• Bill History

  S = Senate, H = House

  1/30/2025	H	• Filed
  2/12/2025	H	• Referred to Insurance & Banking Subcommittee • Referred to Commerce Committee • Now in Insurance & Banking Subcommittee
  3/4/2025	H	• 1st Reading (Original Filed Version)
  3/11/2025	H	• Added to Insurance & Banking Subcommittee agenda
  3/13/2025	H	• Favorable by Insurance & Banking Subcommittee
  3/14/2025	H	• Reported out of Insurance & Banking Subcommittee • Now in Commerce Committee
  5/3/2025	H	• Indefinitely postponed and withdrawn from consideration