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]

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.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

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

DateChamberAction
2025-02-27HouseReferred to Joint Committee on Banking

Connecticut State Sources


Bill Comments

feedback