BILL · 2025–26 SESSION

HB 1268: Virtual currency kiosks

Concerning virtual currency transaction kiosks.

Summary

  • Deems virtual currency transaction kiosks (kiosks) to be engaged in the business of money transmission under the Uniform Money Services Act.
  • Requires multiple new disclosures, and removes one existing disclosure, by owners or operators of kiosks to customers before a transaction.
  • Requires a receipt with specified information provided to a customer upon the completion of a transaction at a kiosk.
  • Imposes operational requirements on owners or operators of kiosks, establishes minimum tangible net worth requirements, requires a detailed plan and accounting for winding down business, and imposes conditions and requirements for terminating business.

From the House Bill Analysis 2025 (HB 1268), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 14, 2025
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
David Hackney (D-11)
Introduced
January 14, 2025 in the House
Last action
January 12, 2026
Budget
Has a fiscal note

AN ACT Relating to virtual currency transaction kiosks;

Sponsors

Prime sponsor: David Hackney (D-11)

1 co-sponsor (1 Democrat, 0 Republicans)

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. By resolution, reintroduced and retained in present status.
  2. First reading, referred to Consumer Protection & Business.

HB 1268 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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