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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

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  • SB 292, Original Filed Version (Current Bill Version) Posted 1/16/2025 at 2:14 PM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Pre-Meeting) 3/24/2025 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 319 Virtual Currency Kiosk Businesses Fabricio Identical Last Action: 3/14/2025 H Now in Commerce Committee Track This Bill

    Citations - Statutes (8)

    Citation Catchline Location in Bill Location In Bill Help
    560.103 Definitions. Page 3 (pdf)
    560.105 Supervisory powers; rulemaking. Page 6 (pdf)
    560.501 Page 6 (pdf)
    560.502 Page 6 (pdf)
    560.503 Page 7 (pdf)
    560.504 Page 12 (pdf)
    560.505 Page 15 (pdf)
    560.506 Page 15 (pdf)

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