Video & Transcript : 'transactional currency' :
Page 4 of 207
WA
Washington 2025-2026 Regular Session
Senate Business, Trade & Economic Development Feb 4th, 2026 at 08:00 am
Business, Trade & Economic Development
Transcript Highlights:
- subject line is false or misleading if it can mislead a recipient about a fact regarding the proposed transaction
- SB 6230, adjusting the price of a cash transaction to eliminate the need for pennies.
- SB 6230, adjusting the price of a cash transaction to eliminate the need for pennies, was heard in this
- It requires the total price of a cash transaction to be rounded to the nearest amount divisible by five
Bills:
SB6248 , SB5976 , SB6079 , SB6250 , SB6257 , SB6289 , SB6230 , SB6312 , SB6149 , SGA9060 , SGA9169 , SGA9265 , SGA9266
Keywords:
travel insurance, travel protection plan, travel assistance services, cancellation fee waiver, travel retailer, travel administrator, limited lines producer, insurance producer license, blanket travel insurance, trip cancellation, trip interruption, travel medical coverage, emergency evacuation, repatriation, inland marine, premium tax, consumer protection, unfair trade practice, insurance commissioner, Washington RCW
TX
Texas 89th Regular
Pensions, Investments & Financial Services Apr 7th, 2025
Pensions, Investments & Financial Services
Transcript Highlights:
- recently an article where North Korea spends a lot of time trying to hack all kinds of digital currencies
- As it relates to digital currencies, that relates to the money transmission portion of that chapter.
- the way money or monetary value is defined under that chapter pretty much excludes most digital currencies
- other than stablecoins that are pegged to a Marcus Adams: sovereign currency like Tether or US Dollar
- hot Marcus Adams: wallets that would protect your private keys for your cryptocurrency or virtual currency
Keywords:
HB 3803, Texas Health and Safety Code, Chapter 712, perpetual care cemetery, perpetual care trust fund, cemetery regulation, financial confidentiality, confidential records, regulatory examination, Texas Department of Banking, commissioner disclosure, interagency information sharing, state agency enforcement, federal agency disclosure, trust fund oversight, burial services, cemetery trust, consumer protection, state banks, Texas Finance Code
CA
California 2025-2026 Regular Session
Assembly Banking and Finance Committee Feb 18th, 2026
Banking and Finance
Transcript Highlights:
- It extends far Beyond simple peer-to-peer cash transactions.
- Currency.
- Transactions are irreversible in the digital asset ecosystem.
- The fact is less than 1% of all transactions are illicit.
- The fact is that less than 1% of all transactions are illicit.
Committee:
House Banking and Finance
WV
West Virginia 2026 Regular Session
WV Senate Finance Committee in Session Mar 11th, 2026 at 04:01 pm
Transcript Highlights:
- , such as the customer's liability for unauthorized virtual currency transactions.
- The bill requires certain disclosures before each transaction in virtual currency, such as the transaction
- The bill sets maximum daily virtual currency kiosk transaction limits.
- The bill sets maximum daily virtual currency kiosk transaction limits of $1,000 for each new customer
- currency kiosks.
Summary:
The Senate Finance Committee met with a quorum present, approved the prior meeting minutes, and then considered a series of House bills and committee substitutes. House Bill 5438, dealing with changes to Step 7 of the school aid formula and allowable uses of certain education allocations, was amended to adopt the Education Committee’s changes and then reported to the full Senate. House Bill 4087 creating the West Virginia-Ireland Education Alliance was also reported, as was House Bill 4191, which expands child care tax credit eligibility for employer-sponsored facilities and changes subsidy payments from attendance-based to enrollment-based reimbursement; senators emphasized its workforce and economic development benefits. House Bill 5074, which reallocates medical cannabis fund balances and future revenues, was amended to increase the Child Protective Commission pilot funding from $3 million to $5 million and remove proposed ibogaine research funding for Marshall and WVU before being reported. House Bill 5353, regulating virtual currency kiosks and money transmission licensure, and House Bill 5527, creating licensure and oversight for wellness reimbursement program administrators, both received strike-and-insert amendments and were reported. House Bill 5687, which phases down the metallurgical coal severance tax and adds a temporary oil and gas tax reduction with county/municipal revenue adjustments, was amended and reported. House Bill 4418, creating an electronic system for municipal business and occupation tax filing and collection with a 1% administrative fee and a participation threshold, was also reported.
The committee then took up House Bill 4245, the Revenue Rules Bundle, which bundles 26 legislative rules from the Department of Revenue and related agencies. The bundle included alcohol, banking, insurance, racing, and tax rules, with several sunset extensions and repeals of outdated rules; the committee adopted a strike-and-insert amendment affecting a lottery consumer protection rule and a pre-need cemetery company rule, then reported the bill. House Bill 5168, providing a $12 million lottery-funded stream for emergency medical services, was amended to clarify the uses of the funds, rename one fund, require a 30% county match for mental health treatment spending, and create two additional county-based EMS funds; senators described it as a needed permanent funding source for EMS, and it was reported. Throughout the meeting, members generally supported the measures, with some discussion on technical details, funding allocations, and the impact of the bills on local services and workforce needs. At the end of the meeting, the chair announced that Senate House Bills 4004, 4006, and 4009 would not be taken up that day, and the committee adjourned.
KY
Kentucky 2026 Regular Session
Senate Standing Committee on Banking and Insurance. (2-24-26)
Banking & Insurance
Transcript Highlights:
- </c> and to license virtual currency kiosks. and to license virtual currency kiosks.
- c> I'll</c> transaction transaction cap, which I'll transaction transaction cap, which I'll talk<00:10
- . transactions. transactions.
- <00:20:19.919><c> kiosk</c> currency kiosk currency kiosk fraud<00:20:22.000><c> complaints.
- </c> transaction limit for returning users. transaction limit for returning users.
Committee:
Senate Banking & Insurance
WV
West Virginia 2026 Regular Session
WV Senate Finance Committee in Session Mar 11th, 2026 at 04:01 pm
Finance
Transcript Highlights:
- , such as the customer's liability for unauthorized virtual currency transactions.
- The bill requires certain disclosures before each transaction in virtual currency, such as the transaction
- The bill sets maximum daily virtual currency kiosk transaction limits of $1,000 for each new customer
- of a virtual currency kiosk and $10,000 for each existing customer of a virtual currency kiosk.
- currency kiosks.
Committee:
Senate Finance
KY
Kentucky 2025 Regular Session
Interim Joint Committee on Banking and Insurance (12-17-25)
Transcript Highlights:
- </c> Central Bank digital currency. Central Bank digital currency.
- </c> 3,000 maximum daily transaction limit. 3,000 maximum daily transaction limit.
- So, that's transactional gold.
- So, that's transactional gold.
- So, that's transactional gold.
Summary:
The committee met in a special-called session of the Interim Joint Committee on Banking and Insurance and first took up three Department of Insurance regulations tied to House Bill 256, the Strengthen Kentucky Homes program: 806 KAR 22:00, 22:10, and 22:20. Commissioner Sharon Clark said the program would provide $5 million in grants to help homeowners strengthen roofs, with regulations covering eligibility and operations, contractors and evaluators, and reinspections in cases of suspected fraud. A committee substitute to 806 KAR 22:10 was explained as a technical correction to conform to the statutory preference for in-state contractors and evaluators. Representative Hampton moved and Representative Rudy seconded approval of the substitute, and it was adopted by voice vote; the amended regulations were then reviewed. Clark also said the grant money would be distributed statewide rather than targeted to storm-prone areas.
The committee then heard an update from Commissioner Clark on mental health parity in response to questions from Representative Pollock. Clark said the department reviews insurer filings and conducts market conduct examinations, but does not have authority over provider reimbursement rates or to require providers to join insurer networks. She said complaints are investigated and, when needed, teams review claims and data on site to check compliance with parity requirements. No action was taken on that discussion.
After approving the November 4 meeting minutes, the committee heard testimony on a proposed PIP reform package from Representative Josh Bray, the Kentucky Hospital Association, the Kentucky Justice Association, and State Farm. Supporters said the bill would apply the workers’ compensation fee schedule to most PIP medical claims, keep the $10,000 PIP limit in place while stretching benefits further, reduce balance billing, modernize benefit amounts, and address fraud and delayed billing. They noted hospitals would be exempt from the fee schedule, while hospital-based physical therapy would be included, and said the compromise reflected negotiations among stakeholders. Some members questioned whether exempting hospitals undercut the bill’s purpose and asked about possible rate effects; proponents said they had not done a rate analysis and that the bill could lead to more treatments within the existing PIP limit. No vote was taken on the PIP proposal during this meeting.
UT
Utah 2025 Regular Session
Law Enforcement and Criminal Justice Interim Committee - November 19, 2025
Law Enforcement and Criminal Justice Interim Committee
Transcript Highlights:
- currency for virtual currency.
- Section 3 sets transaction limits: it caps individual transactions at $1,000 per customer per day and
- caps cumulative transactions at $2,000 for customers with fewer than five prior transactions.
- In this case, it's exchanging physical currency for digital currency.
- And so if you set a transaction... ...called for any suspicious transaction over $2,000.
ID
Transcript Highlights:
- And then moving down to line 28, subparagraph C, total number and value of virtual currency transactions
- transactions are relating to the property of anybody who does transactions.
- And then moving down to line 28, subparagraph C, total number and value of virtual currency transactions
- conducted to be the operator is virtual. of virtual currency transactions conducted v.
- transactions are relating and the property of anybody who does transactions.
FL
Transcript Highlights:
- They cannot create a currency, but they can use gold and silver in the economy and in transactions.
- Transact this type of currency if it so moves forward in a very efficient way in the state of Florida
- So, transactionally, I understand how you can have a transaction in gold, just like you can have a transaction
- to transact.
- The printing of the currency.
Committee:
Senate Banking and Insurance
Summary:
The committee first took up SB 794, as amended by a late-filed strike-all, which would require a human being to make insurance claim denial decisions and prohibit artificial intelligence from being the sole basis for a denial. The sponsor said the bill was intended to preserve human oversight while allowing innovation in claims processing. Public testimony included support from the Florida Insurance Consumer Advocate and the Florida Medical Association, along with one speaker urging additional protections for homeowners. The committee adopted the strike-all and reported SB 794 favorably with committee substitutes.
Members then heard SB 134, which removes the $500 threshold on the sales tax exemption for bullion, making sales of gold, silver, and platinum bullion fully exempt and eliminating certain dealer documentation requirements. Supporters argued the change would reduce a regressive tax and help consumers preserve savings; the sponsor estimated a revenue impact of about $300,000. The bill was reported favorably. The committee also adopted a strike-all on SB 888, which directs the Office of Insurance Regulation to create a more consumer-friendly homeowners insurance website with premium comparison information, market data, rate filing access, and educational resources. The sponsor and Leader Boyd said the goal was to improve transparency and help consumers navigate a stabilizing market. SB 888 was reported favorably with committee substitutes.
The final bill heard was SB 1578, covering mammograms and supplemental breast cancer screenings. The sponsor said it would expand coverage requirements in ACA plans and private insurance policies, including annual mammograms for women ages 40 to 50 and supplemental screening coverage, while noting Medicaid already provides these services. The Florida Insurance Consumer Advocate waived in support, and the bill was reported favorably. After the bills, the committee held a lengthy panel discussion on gold and silver as legal tender and transactional money, with testimony from officials from Utah and Florida, industry representatives, and advocacy groups. Panelists discussed constitutional authority, consumer protections, depository oversight, taxation issues, and possible transactional platforms for precious metals. No further action was taken after the discussion, and the committee adjourned.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Financial Services Jun 21st, 2026 at 10:30 am
Joint Committee on Financial Services
Transcript Highlights:
- There needs to be a transactional pause on all transactions.
- for digital currency.
- Currently, virtual currency kiosks may charge high transaction fees, and those fees can range anywhere
- Daily transaction limits: Imposing daily transaction limits helps to avoid potential risks associated
- They reached that $10,500 level because the currency transaction reporting threshold is $10,000.
Committee:
Joint Joint Committee on Financial Services
Summary:
The committee heard testimony on several financial services bills, with the main focus on cryptocurrency kiosk regulation, financial literacy, and earned wage access. Legislators and witnesses described widespread crypto-related scams targeting older adults, often involving impersonation, urgency, spoofed phone numbers, and rapid transfers through kiosks that are difficult to trace or recover. Supporters of the kiosk bills said Massachusetts needs licensing, registration, transaction limits, warning notices, receipts, refund protections, and other safeguards; some also urged a “pause” or hold on transactions to give victims time to reconsider and allow law enforcement to intervene. The Attorney General’s office, AARP, local law enforcement, and several prosecutors and sheriffs backed the consumer-protection approach, while Bitcoin Depot supported a narrower regulatory framework but opposed low fee caps and strict daily limits, arguing they would function like a ban and reduce legitimate use.
Witnesses from Waltham police, Middlesex and Essex County law enforcement, and the AG’s office said crypto scams are growing quickly, losses are often unrecoverable once funds move, and current tools are limited. They described cases involving elderly victims losing thousands of dollars, and said warnings alone are not enough because scammers keep victims on the phone and guide them through the process. Some witnesses said a temporary hold or refund mechanism has worked in at least one case, while others emphasized that transaction limits and visible disclosures could reduce harm even if they do not stop fraud entirely. The AG’s office also said it would submit written opposition to separate earned wage advance legislation, while DailyPay testified in support of that bill, saying earned wage access helps workers bridge short-term gaps without debt or credit reporting.
The committee also heard support for mandatory financial literacy education from Representative Jim Hawkins, who said high school students need instruction on credit, debt, and inflation before they enter adulthood. In addition, the committee took testimony on litigation financing bills from insurance industry representatives, who argued for disclosure and regulation of predatory litigation lending and warned about foreign interference and reduced plaintiff recoveries. No votes or final actions were taken during the hearing; members asked questions throughout, and the chair noted the need to move testimony along because of time constraints.
NH
New Hampshire 2025 Regular Session
Commission to Study Stable Tokens (10/15/2025)
Transcript Highlights:
- </c><00:21:20.159><c> and</c> stable coins as the form of currency and stable coins as the form of currency
- </c><00:24:37.760><c> uh</c> perceived to to weaker currencies uh perceived to to weaker currencies uh
- Keith Lowhorn is virtual currency unit.
- </c> own currency. We're not minting dollars. own currency. We're not minting dollars.
- As we these transactions are happening.
Summary:
The Stable Token Study Commission held its first regular meeting, welcomed all remaining appointed members, and completed brief introductions from legislators and agency designees. The chair outlined the commission’s plan to use the first part of the enabling legislation as a “level-setting” discussion, focusing this meeting on the basics of blockchain, the current landscape for stablecoins and tokenized real-world assets, and leaving blockchain-based trust for a later meeting. No votes were taken.
The main presentation came from Deanna Bario Zales of the Global Blockchain Business Council, who described stablecoins as increasingly converging toward fiat-backed or asset-backed models, with algorithmic designs viewed more cautiously. She said stablecoins are being used for payments, remittances, DeFi activity, cross-border transfers, retail use in high-inflation markets, and treasury functions, while noting risks such as peg instability, reserve transparency, counterparty and network risk, and possible capital flight from weaker banking systems. She cited growth in supply, wallet activity, and transfer volume, and said U.S.-pegged stablecoins dominate the market, with USDT and USDC leading.
Zales also discussed tokenized real-world assets, describing them as digital representations of physical assets that can enable fractional ownership, liquidity, and faster settlement. She said the market is growing quickly, with institutional participation from firms such as BlackRock and Franklin Templeton, and projected continued expansion. She closed with an overview of regulatory developments, emphasizing the new U.S. stablecoin framework under the Genius Act, the proposed Clarity Act, OCC guidance, and similar regimes in the EU, UK, UAE, Singapore, Japan, and elsewhere, all of which she said are shaping compliance requirements and market development.
AZ
Transcript Highlights:
- gold. ...to present HB 2123, which is the state gold bullion and transactional gold.
- Other nations are targeting our currency, in particular the BRICS.
- Governments may weaponize currency like the CBDC.
- This is transactional gold.
- It makes gold and silver functional currency because the debit card is used.
TX
Texas 89th Regular
Senate Committee on Business and Commerce (Part II) Apr 3rd, 2025
Business & Commerce
Transcript Highlights:
- Property laws to include virtual currencies.
- The data then goes in reverse to complete the transaction. the transaction.
- Most of our transaction volume... Ms. Devitt.
- very few credit transactions.
- fee for the transaction.
Bills:
SB231 , SB584 , SB600 , SB668 , SB841 , SB986 , SB1003 , SB1244 , SB1625 , SB1960 , SB1963 , SB1964 , SB2026 , SB2056 , SB2368
Committee:
Senate Business & Commerce
FL
Florida 2025 Regular Session
March 20, 2025 - 02:00 PM
Transcript Highlights:
- Members, for over 190 years, gold and silver backed our currency. It was real money.
- And I'm thinking the transaction is going to cost I don't know.
- As many businesses as there are that are willing to make that transaction. Okay.
- As we print more currency, the currency loses value, which is an invisible form of taxation and theft
- It makes it transactional, which means it's practical and useful for people.
Summary:
The committee met to hear five banking and insurance-related bills. HB 1549, an Office of Financial Regulation agency bill to help more efficiently regulate financial institutions, was amended to match Senate companion language and then passed unanimously. HB 1231 would extend physician payment and prior-authorization protections similar to a prior dental law, including limits on virtual credit card payments as the sole payment method; physicians and medical groups supported it as a way to reduce fees and retroactive denials, while insurers were not heard in opposition, and the bill passed unanimously.
The committee then heard HB 999, which would make gold and silver legal tender and allow transactions in bullion through electronic debit mechanisms. The sponsor and several proponents framed it as an inflation hedge and economic freedom measure, while questions focused on definitions, transaction costs, and vendor participation. The bill passed on a mostly party-line vote, with one member voting no. The committee also approved HM 4363, a memorial urging Congress to establish a sovereign wealth fund; the sponsor described it as a way to steward national wealth, and the memorial passed with one dissenting vote.
Finally, the committee took up HB 1551, which would create a prevailing-party attorney fee framework in insurance contract disputes. The sponsor argued it would restore balance, deter meritless litigation, and help consumers with valid claims recover fees, while insurers, business groups, and defense attorneys warned it would revive one-way fee shifting, increase litigation, and raise premiums. Consumer advocates and some members supported it as necessary to give policyholders meaningful recourse. After debate, the bill passed favorably, with one member voting no.
AZ
Arizona 2026 Regular Session
02/03/2026 - House Regulatory Oversight
House Regulatory Oversight Committee of Reference
Transcript Highlights:
- Other nations are targeting our currency, in particular the BRICS.
- Governments may weaponize currency like the CBDC.
- This is transactional gold.
- Hi, my name is Laurie Bolton, and I am with the Transactional Gold and Silver Project.
- It makes gold and silver functional currency because the debit card is used.
Summary:
The Committee on Regulatory Oversight heard two bills related to Arizona bullion and gold-backed transactions. HB 2123 would establish an Arizona bullion depository under the State Treasurer, allow third-party administration and electronic payment systems, require insurance for deposits, and recognize gold and silver as legal tender. Representative Lisa Fink presented the bill as a way to provide an optional, inflation-resistant payment method and to make gold and silver more accessible to ordinary Arizonans; a witness from the Transactional Gold and Silver Project described the depository as a fully allocated, insured warehouse system tied to a debit card and said the model had been used in other states. The committee voted 4-0 with one present to give HB 2123 a do pass recommendation.
The committee then considered HB 2140, which would allow state and local governments to use the Arizona bullion depository, permit the State Treasurer to place up to 10% of state monies in bullion there, and require rulemaking by the Department of Insurance and Financial Institutions. Representative Fink again argued that holding some bullion could diversify state assets and reduce counterparty risk, citing Utah’s treasurer and broader central bank gold accumulation. A member asked about the bill’s rulemaking language and the sponsor said she was open to discussing changes with the State Treasurer. With no public testimony, the committee voted 4-0 with one present to recommend HB 2140 do pass, and then adjourned.
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Wednesday, May 20, 2026)
US Federal House Floor Meeting
Keywords:
H.Res. 1300, HR1300, rules resolution, House Rules Committee, veterans affairs, VA, NICS, National Instant Criminal Background Check System, firearms background check, gun control, veteran privacy, Department of Justice, disability compensation, dependency and indemnity compensation, DIC, veterans benefits, Smithsonian American Women’s History Museum, National Mall, House procedure, floor consideration
FL
Transcript Highlights:
- It requires refund protections for first-time transactions involved.
- Refund protections for first-time transactions involving non-U.S. wallets when fraud is reported with
- This requires operators to screen transactions against known criminal wallet addresses.
- legitimate use cases for Floridians who may regularly transact in cryptocurrency.
- handful of transactions.
Committee:
Senate Commerce and Tourism
Keywords:
virtual currency, kiosks, money services business, regulation, financial services, consumer protection, cryptocurrency, registration, ADS-B, automatic dependent surveillance-broadcast, aviation, airports, airport fees, landing fees, departure fees, touch-and-go landing, general aviation, pilot privacy, airspace radius, aircraft tracking
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Tuesday, May 20, 2025)
US Federal House Floor Meeting
Transcript Highlights:
- </c> office of the controller of the currency office of the controller of the currency regulation<02:
- </c> Office of the Comproller of the Currency Office of the Comproller of the Currency of<03:35:14.560
- At the transaction is relatively simple.
- Uh, not every transaction is complex.
- Uh not every transaction applications. Uh not every transaction is<05:14:54.798><c> complex.
Keywords:
SJR13, S.J.Res. 13, joint resolution, Congressional Review Act, CRA, OCC, Office of the Comptroller of the Currency, Department of the Treasury, bank merger, bank mergers, Bank Merger Act, business combinations, merger review, financial regulation, banking regulation, bank consolidation, regulatory disapproval, federal banking rule, rule repeal, Public Law 119-19
US