AN ACT RELATING TO FINANCIAL INSTITUTIONS -- CURRENCY TRANSMISSIONS

Summary

The measure updates the state’s currency‑transmission statutes by inserting a series of new definitions covering blockchain analytics, virtual‑currency kiosks, residents, and related concepts. It applies to licensed virtual‑currency businesses, their customers, and the Department of Business Regulation that oversees them. The goal is to give regulators clearer language for supervising digital‑currency activities.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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