CT HB07082 | 2025 | General Assembly
Status
Spectrum: Committee Bill
Status: Introduced on February 27 2025 - 25% progression
Action: 2025-02-27 - Referred to Joint Committee on Banking
Pending: Joint Banking Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 27 2025 - 25% progression
Action: 2025-02-27 - Referred to Joint Committee on Banking
Pending: Joint Banking Committee
Text: Latest bill text (Introduced) [PDF]
Summary
To (1) define "virtual currency control services vendor", (2) establish requirements for virtual currency money transmission licensees concerning (A) disclosures, (B) receipts, (C) the use of virtual currency under the control of such licensees, and (D) the engagement of other persons to store or hold custody or control of virtual currency for or on behalf of a customer, (3) establish that certain virtual currency held by such licensees shall be deemed to be property interests of any claimants against such licensees, and (4) prohibit the state, and political subdivisions of the state, from (A) accepting or requiring payment in the form of virtual currency, or (B) purchasing, holding, investing in or establishing a reserve of virtual currency.
Title
An Act Concerning Certain Requirements Applicable To Virtual Currency Money Transmission Licensees And Property Interests In Virtual Currency And Prohibiting State Payments And Investments In Virtual Currency.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2025-02-27 | House | Referred to Joint Committee on Banking |
Connecticut State Sources
Type | Source |
---|---|
Summary | https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB07082&which_year=2025 |
Text | https://www.cga.ct.gov/2025/TOB/H/PDF/2025HB-07082-R00-HB.PDF |