HB 648·OH·house
Regulate digital asset kiosks; register as money transmitters
In CommitteeFiled Jan 20, 2026
Sponsor: Matthew Kishman
Latest Action
Refer to Committee
Feb 4, 2026
Summary
The bill treats owners and operators of digital‑asset kiosks as money transmitters, forcing them to obtain a license, maintain a minimum $500,000 net worth, and follow detailed winding‑down procedures. It applies to any electronic terminal that swaps digital assets for cash or other assets. The aim is to protect consumers and bring these services under the state’s financial regulator.
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