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Glossary of Legislative Terms

SB 292: Virtual Currency Kiosk Businesses

GENERAL BILL by Burton

Virtual Currency Kiosk Businesses; Defining terms and revising the definition of the term “control person”; requiring the Office of Financial Regulation of the Financial Services Commission to supervise virtual currency kiosk businesses; prohibiting a virtual currency kiosk business from operating without registering or renewing its registration in accordance with certain provisions; providing criminal penalties for certain entities that operate or solicit business as a virtual currency kiosk business under certain circumstances; requiring that the registration of a virtual currency kiosk business be made inactive if such business does not renew its registration by a certain date, etc.

Effective Date: Except as otherwise expressly provided in this act, this act shall take effect January 1, 2026
 Last Action: 3/20/2025 Senate - On Committee agenda-- Banking and Insurance, 03/25/25, 8:30 am, 412 Knott Building --Temporarily Postponed
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Appropriations Committee on Agriculture, Environment, and General Government (AEG)
  3. Fiscal Policy (FP)


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Bill History

Date Chamber Action
1/16/2025 Senate • Filed
1/29/2025 Senate • Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy
3/4/2025 Senate • Introduced
3/20/2025 Senate • On Committee agenda-- Banking and Insurance, 03/25/25, 8:30 am, 412 Knott Building --Temporarily Postponed