Video & Transcript : 'bitcoin ATM' :
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CA
California 2025-2026 Regular Session
Assembly Banking and Finance Committee Feb 18th, 2026
Transcript Highlights:
- about Bitcoin.
- Bitcoin was introduced in 2009. Bitcoin was introduced in 2009, and Ethereum followed in 2015.
- There's a Bitcoin Reserve Bill that was introduced, buying a million Bitcoin, holding it for 20 years
- In the Senate, the Bitcoin Act, which is a Bitcoin reserve bill, proposes acquisitions of 1 million Bitcoin
- I got Bitcoin many years ago when I was just thinking about it as a, you know, Bitcoin many years ago
Summary:
The Assembly Banking and Finance Committee held an informational hearing on digital asset innovation, with opening remarks framing cryptocurrencies, blockchain, stablecoins, tokenization, and decentralized finance as a growing part of the financial system. Dennis Porter of Satoshi Action Fund presented on the market size, institutional adoption, use cases such as remittances and small-business payments, and policy developments at the federal and state levels. He also discussed risks including volatility, cybersecurity, and illicit use, while arguing that clear regulation can support innovation and consumer protection.
State Controller Malia Cohen then updated the committee on implementation of SB 822, California’s unclaimed digital asset law. She explained that the law applies to custodial accounts, not self-custodied wallets, and requires holders to conduct outreach before dormant digital assets are transferred to the state in native form. Committee discussion focused on how abandonment is determined, what counts as account activity, the expected timeline for notices and custodian procurement, and the administrative costs and staffing needed to run the program. Controller staff said the state is still building procedures, working with Oregon, and expects a significant increase in claims once the program is operational.
Porter returned with a proposal for a California digital asset reserve fund built on unclaimed digital assets under SB 822. He argued the fund could be cost-neutral, use only high-quality digital assets, and include guardrails such as an advisory board, audits, and public reporting. Committee members expressed interest in diversification and consumer protection, but also raised concerns about volatility, documentation, and market downturns. The hearing ended after public comment from industry and advocacy representatives, including support from the California Blockchain Advocacy Coalition, the Crypto Council for Innovation, and Coinbase, all urging clear, technology-neutral policy to keep innovation and jobs in California.
KY
Kentucky 2026 Regular Session
Senate Standing Committee on Banking and Insurance. (2-24-26)
Banking & Insurance
Transcript Highlights:
- They're also called crypto ATMs. >> and a second?
- Crypto ATM fraud is a large and growing problem.
- </c> crypto ATMs under false pretenses. crypto ATMs under false pretenses.
- </c> telling me they were just a regular ATM. telling me they were just a regular ATM.
- According to Coin ATM radar, frauds.
Committee:
Senate Banking & Insurance
CA
California 2025-2026 Regular Session
Assembly Banking and Finance Committee Feb 18th, 2026
Banking and Finance
Transcript Highlights:
- about Bitcoin.
- There's a Bitcoin Reserve Bill that was introduced, buying a million Bitcoin, holding it for 20 years
- In the Senate, the Bitcoin Act, which is a Bitcoin reserve bill, proposes acquisitions of 1 million Bitcoin
- The federal strategic Bitcoin reserve is established.
- I got Bitcoin many years ago when I was just thinking about it as a, you know, Bitcoin many years ago
Committee:
House Banking and Finance
TX
Transcript Highlights:
- and who owns those Bitcoin is handled.
- Isn't it true, Senator, that only 90% of the Bitcoin that's owned is only owned by 10% of the Bitcoin
- And it occurs by the Bitcoin mining and I don't even want to get in. of the whole Bitcoin mining craziness
- . to the value of Bitcoin then?
- Bitcoin passed the Texas Senate and tomorrow Bitcoin will be up 15%.
TX
Texas 89th Regular
Senate Committee on Business and Commerce (Part I) Feb 18th, 2025
Business & Commerce
Transcript Highlights:
- listed SEC-regulated Bitcoin ETFs are now traded on U.S. stock exchanges.
- The SEC-regulated ETFs don't invest in the companies that produce Bitcoin.
- They actually purchase Bitcoin, just like the GLD ETF, for instance.
- The United States Treasury is classifying Bitcoin or referencing Bitcoin as digital gold.
- Yeah, it's just gone; the app was hacked and his bitcoins are gone.
Committee:
Senate Business & Commerce
NH
New Hampshire 2025 Regular Session
House Commerce and Consumer Affairs (01/15/2025)
Transcript Highlights:
- the assets, piggybacking on Bitcoin, or some Bitcoin-related stuff?
- ><c> related</c> some Bitcoin related some Bitcoin related stuff stuff stuff um um um so<00:21:51.320
- on Bitcoin at Block.
- It's called Hijacking Bitcoin. So El Salvador's Bitcoin experiment has failed.
- It's called Hijacking Bitcoin. So El Salvador's Bitcoin experiment has failed.
Summary:
The House Commerce Committee opened a public hearing on House Bill 310, sponsored by Representative Keith Ammon, which would create a study commission to develop a legal framework for stable tokens and tokenized real-world assets. Ammon described stable tokens as blockchain-based digital tokens backed by U.S. dollars or treasuries, and tokenized real-world assets as representations of ownership in items such as gold, real estate, or artwork. He said the bill is intended to help New Hampshire get ahead of emerging financial markets while waiting to see how federal legislation develops.
Committee members asked about the purpose of the bill, the difference between this proposal and Bitcoin, whether state regulation could be preempted by federal law, and whether the commission could be balanced and avoid becoming a vehicle for fraud or money laundering. Ammon said the proposal is blockchain-agnostic, could apply to multiple networks, and is meant to regulate asset-backed tokens rather than create a state-issued coin. He emphasized that the state would not be guaranteeing the underlying assets, but would set rules requiring audits, proof of reserves, and honest representation of backing, with the Secretary of State’s securities office involved in oversight.
Several members raised concerns about the risks of stablecoins, including money laundering, tax evasion, and possible harm to the dollar or confusion about whether the state was endorsing a new currency. Ammon responded that the bill would not undermine the dollar and argued that tokenization could actually expand demand for U.S. currency by making it easier to use globally. He also said the state would not be in the business of weighing assets or directly valuing them, only ensuring a valid audit trail and one-to-one backing. The discussion ended with general agreement that the subject is complex and that a commission could help develop future legislation, but no vote or final action was taken in the hearing.
MN
Transcript Highlights:
- We've had them for We have ATMs already.
- So taking crypto in present day ATMs.
- </c> one was to ban uh crypto ATMs in St. one was to ban uh crypto ATMs in St.
- </c><01:28:20.880><c> for</c> banning kiosks and ATMs for banning kiosks and ATMs for cryptocurrency?
- </c><01:32:32.639><c> ban</c><01:32:33.120><c> of</c> But we've got a ATM ban of But we've got a ATM
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Bonding, Capital Expenditures and State Assets Jul 2nd, 2026
Joint Committee on Bonding, Capital Expenditures and State Assets
Transcript Highlights:
- I am alarmed by the scale of the fraudulent use of these crypto ATMs.
- Crypto ATMs are disproportionately placed in working-class neighborhoods and community retail hubs.
- I strongly urge the inclusion of a ban on crypto ATMs, followed by a favorable report on this bill.
- Crypto ATMs completely kill that economic multiplier.
- Including the crypto ATM ban in this bill is a common-sense solution.
MO
Transcript Highlights:
- That doesn't, that's not going to happen with Bitcoin.
- I mean, the amount of the Bitcoin due to, due to...
- That doesn't, that's not going to happen with Bitcoin.
- I mean, the amount of the Bitcoin due to, due to, That's not going to happen with Bitcoin.
- Bitcoin into the market.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Revenue Jun 21st, 2026 at 01:00 pm
Joint Committee on Revenue
Transcript Highlights:
- Senator is here to testify on S-1967, an act relative to a Bitcoin Strategic Reserve.
- Today, Bitcoin is mainstream.
- For 15 years, Bitcoin has run flawlessly through recessions, wars, and upheavals.
- The bill enables the treasurer to allocate into Bitcoin with safeguards.
- The bill enables the treasurer to allocate into Bitcoin with safeguards.
Committee:
Joint Joint Committee on Revenue
Summary:
The Joint Committee on Revenue held a hearing on 25 tax and administrative bills, with opening remarks explaining the hearing process and noting that House-filed matters must be reported by December 6. The first major topic was funding for the Massachusetts Law Enforcement Memorial and related support for families of fallen officers. Police representatives, memorial fund advocates, and family members gave emotional testimony urging favorable action on S. 1934 and related bills, emphasizing the need for a permanent revenue stream to maintain the memorial and honor officers killed in the line of duty. Committee members and legislators responded with personal remarks of support and appreciation for law enforcement families.
The committee then heard testimony on a proposed Commonwealth Bitcoin Strategic Reserve, including S. 1967 and related bills. Senator Peter Durant and later Dennis Porter argued that the state should be allowed to invest a limited share of stabilization or other funds in Bitcoin or other regulated digital assets as a hedge against inflation and fiscal risk, with strict caps, custody rules, and audits. They described the proposal as a forward-looking, non-mandatory framework for diversifying state reserves. No vote was taken during the hearing.
Another major topic was disaster resilience funding. Dr. Paul Biddinger of Mass General Brigham supported S. 1936/H. 3030, saying climate-driven flooding, drought, and wildfire risks are increasing and that the State Disaster Relief and Resiliency Trust Fund needs a dedicated revenue source. Senator Comerford also testified in favor, explaining that the fund was created in the prior session, that recent floods showed the need for quick state response, and that the bill would dedicate a portion of capital gains revenue to the fund. Committee members asked about how the fund would accrue and be used. The committee also heard testimony on PILOT and endowment-related bills: AICUM opposed H. 3122/S. 2013 and H. 3264/S. 2016, arguing that an endowment tax and mandatory PILOTs would harm private nonprofit colleges, students, and research; and a representative from Peru supported reform of PILOT formulas for state-owned land, saying rural towns need higher reimbursements and hold-harmless protections. The hearing concluded after testimony on the digital asset bills, with no recorded votes or final actions.
MO
Transcript Highlights:
- It would also prohibit cash from an ATM as well, so no cash could be taken off of this card.
- And they had taken, went to an ATM.
- I think they get a card on which they can get cash from an ATM.
- Three, they must maximize the geographic distribution of ATMs or provide other cash access sites.
- “We would have to get a federal waiver, yes, to implement no ATM for the TA program.
Committee:
House General Laws
Summary:
The committee met with 13 members present and first went into executive session on House Bill 1730, which was voted due pass by a 10-3 roll call. It then considered House Bill 2504, where a committee amendment was adopted to let school districts optionally require a mental-health professional letter for school protection officers, the amendment was rolled into a committee substitute, and the substitute was voted due pass 11-0 with two present. After that, the committee moved to public hearing on House Bills 2481, 2468, and 1974.
The three public bills focused on restrictions and verification for public assistance programs. HB 1974 would restrict TANF cash assistance use, including prohibiting ATM cash withdrawals and certain purchases, with a three-strikes style penalty structure; sponsors said it was intended to prevent misuse of taxpayer funds, while opponents argued TANF is a small cash-assistance program for very poor families and that cash access is necessary for rent, laundry, childcare, and other basic needs. HB 2468 would tighten SNAP and Medicaid eligibility verification by requiring documentary proof of citizenship or eligible immigration status, using federal verification systems, and counting ineligible household members’ income; sponsors said it aligns Missouri with federal law and new federal accountability rules, while opponents warned it would add red tape, delay benefits, and increase error rates and costs.
HB 2481, along with related SNAP language discussed in HB 174, would implement the governor’s SNAP waiver to restrict purchases of soda and junk food and place those restrictions into statute. Sponsors said the goal was to steer benefits toward healthier foods and reduce waste, while witnesses from industry and advocacy groups said the waiver process was already underway, the definitions were too broad, and the bills could be hard for retailers to implement and could burden eligible recipients, especially in rural areas and among children and vulnerable adults. No final committee action was taken on the three public hearing bills during the portion provided.
NH
New Hampshire 2025 Regular Session
House Ways and Means (04/01/2025)
Transcript Highlights:
- Um, the U.S. has established a Bitcoin strategic reserve uh with about 200,000 Bitcoin.” years.
- </c> the US has has established a Bitcoin the US has has established a Bitcoin strategic<00:37:48.960
- Can you tell us what a Bitcoin<00:39:53.920><c> is?</c> Bitcoin is? Bitcoin is?
- . bitcoin. bitcoin.
- Thank you very much, Representative.” bitcoin. That's called the block reward. bitcoin.
Summary:
The committee held a work session on HB 302, which would add precious metals and digital assets as potential investment options. State Treasurer Monica Misipelli said she took no position on the bill and did not see an immediate fiscal impact or operational problem, but explained that the state’s operating funds and rainy day fund require liquidity and stability, so they would not be suitable for volatile assets like precious metals or digital assets. She said the only funds that might potentially use such investments would be certain trust funds held in perpetuity, which are managed by an outside investment advisor under a contract and investment policy.
Members asked about the treasurer’s current investment practices, including the types of funds managed, the role and discretion of the investment advisor, the state’s risk profile, and whether the bill would affect existing authority. Misipelli said the office follows RSA 11 and related statutes, with different objectives ranging from conservative to aggressive depending on the fund, and that the advisor meets with the office regularly, with formal performance reviews on a quarterly basis. She also said the office recently centralized management of about 40 trust accounts totaling roughly $60 million into five combined portfolios under a five-year contract with an RFP-selected vendor. When asked whether precious metals or digital assets are already indirectly available through mutual funds, she said that was possible for some mutual funds, but she was not certain about digital assets.
Representative Ammon, the bill’s sponsor, said similar legislation had passed the Oklahoma House, the Texas House and Senate, and had advanced in Arizona. He argued the bill was intended to give the treasurer more tools to help balance portfolios and hedge inflation, noting concerns about federal debt and inflation. No vote was taken in the excerpt, and the chair ended the questioning after thanking the treasurer and asking her to remain available in case further questions arose.
HI
Transcript Highlights:
- Uh, Bitcoin.
- Uh, Bitcoin.
- Uh, Bitcoin.
- Uh, Bitcoin.
- So, Bitcoin was the um it's Uh Bitcoin.
Summary:
The Hawaii State Senate Committee on Commerce and Consumer Protection held an informational briefing on digital assets, blockchain, and related regulatory developments. Chair Jarrett Keohoko said the committee was focusing on national and state policy issues around digital assets, while leaving the separate issue of Bitcoin kiosks and fraud to the House Consumer Protection Committee, which had already noticed a similar briefing. No public testimony was taken; the session was for informational updates and member questions.
Representatives from the Aptos Foundation, including JC Yun and Michael Cheng, gave a detailed presentation on blockchain basics and Aptos’s technology. They described blockchain as a tamper-resistant digital ledger, explained proof-of-work and proof-of-stake systems, and argued that proof-of-stake networks are faster, cheaper, and more environmentally friendly. They also emphasized smart contracts and potential uses beyond speculation, such as car titles, college transcripts, collectibles, digital IDs, real estate, and other tokenized assets.
The presenters highlighted Aptos’s Hawaii connections and said the technology could help local residents and businesses participate in the digital economy. They cited adoption statistics, including billions of transactions on Aptos, tokenized money market funds from major financial firms, micro-lending applications, decentralized cloud infrastructure, and the rapid growth of stablecoins. They acknowledged concerns about scams and consumer protection, but argued that the answer is stronger regulation and education rather than avoiding the technology altogether.
NH
Transcript Highlights:
- So it's Bitcoin is at 1.7 trillion.
- </c><00:59:03.680><c> strategic</c> government now has a a Bitcoin strategic government now has a a Bitcoin
- So, if stocks go up, Bitcoin might stay flat. If stocks go down, Bitcoin might go up.
- So, it kind of Bitcoin might go up.
- </c> because there's only Bitcoin because there's only Bitcoin um<01:25:03.639><c> meets</c><01:25:04.639
Committee:
Senate Ways and Means
NH
Transcript Highlights:
- I've responsibly used a crypto ATM. I love technology.
- I've responsibly used a crypto ATM. I love technology.
- I've responsibly used a crypto ATM. I I've responsibly used a crypto ATM.
- <00:33:49.080><c> emporium</c> ATM emporium ATM emporium owned<00:33:51.040><c> a</c><00:33:51.080><c
- It's not the ATM companies. doing. It's not the ATM companies.
MO
Transcript Highlights:
- kind of track where these folks had been, and they had taken money off of their TANF card, went to an ATM
- I think they get a card in which they can get cash from an ATM.
- Three, they must maximize the geographic distribution of ATMs or provide other cash access sites.
- We would have to get a federal waiver, yes, to implement no ATM for the TA program.
- We would have to get a federal waiver, yes, to implement no ATM for the TA program.
Committee:
House General Laws
FL
Florida 2025 Regular Session
December 9, 2025 - 09:30 AM
Transcript Highlights:
- FOR EXAMPLE, THE DIGITAL REVOLUTION IN THE 1980S AND ATM MACHINES COULD EXECUTE THE CORE FUNCTIONS OF
- AS A RESULT BANKS SHIFTED THE FUNCTIONS AWAY FROM HUMAN BANK TELLERS AND TWO ATM MACHINES.
- BANKS USE SOME OF THE MONEY SAVED BY INSTALLING ATMS TO OPEN ADDITIONAL BRANCHES AND EACH ADDITIONAL
- SO CONCERNS THAT ATMS WOULD ELIMINATE THAT OCCUPATION TURNED OUT TO BE WRONG.
- ACTUALLY THERE ARE MORE BANK TELLERS FOLLOWING ATMS THEN THERE WERE TWO IT BECAUSE THE COST OF OPENING
AZ
Transcript Highlights:
- Just kind of like a more expensive ATM fee.
- Our maximum daily is $150, similar to like an ATM max.
- Do you do the same thing to ATM fees?
- Our point is that this isn't an ATM fee because users...
- Okay, so you keep bringing up ATM fees.
Committee:
House House Commerce Committee of Reference
Summary:
The House Commerce Committee heard House Bill 2181, which would extend the deadline for funeral establishments or responsible individuals to complete and submit death certificates. The committee adopted an amendment reducing the maximum extension to 14 days and clarifying that the medical certification deadline for health care providers excludes weekends and holidays. Testimony from a mortuary owner and the sponsor described delays caused by doctors’ schedules, county processing, holidays, and families needing more time; some members argued the bill did not address the underlying accountability problems for doctors and counties, while others supported the added flexibility. HB 2181 was approved 6-4-1 with a due pass recommendation.
The committee then heard House Bill 2682, which creates a DES rental assistance program providing up to two months or $5,000 in aid and appropriates $5 million from the general fund for administration. Supporters said the bill would help families facing short-term crises stay housed, reduce evictions, and serve as a preventive measure that could save money downstream; a constituent testified in Spanish about receiving emergency rental help after falling behind. Some members raised concerns about the program’s cost, the limited target population, and whether seniors should be included, while others supported it as a pilot and asked for possible amendments. HB 2682 passed 7-4.
House Bill 2698, which creates a rental assistance study committee to evaluate the effectiveness of such programs and repeals the committee in 2028, was heard next and passed on a 7-4 vote. The committee then considered House Bill 2476, revising CPA certification and reciprocity requirements by creating multiple pathways to licensure and updating related rules and fees. Supporters said the bill would help address a CPA workforce shortage and align Arizona with other states; after questions about whether the bill made licensure harder or easier, the committee unanimously approved HB 2476, 11-0.
Finally, the committee began House Bill 2308, which would bar dental insurers and certain holding companies from owning dental practices. The sponsor and Arizona Dental Association argued the bill would prevent conflicts of interest and preserve separation between payers and providers, while Delta Dental opposed the measure as overbroad and potentially burdensome for nonprofit insurers and investors. After discussion about private equity, nonprofit charity care, and vertical integration, the bill was approved 8-0 with three members present. The committee then started House Bill 2118 on mobile food vendors, with the sponsor and food truck operators arguing it would streamline duplicate local permitting, while cities and some vendors opposed it as a loss of local oversight and control; testimony continued, but no final action on HB 2118 appears in the excerpt.
LA
Transcript Highlights:
- But more importantly, would it also allow the investment in Bitcoin? That would depend.
- But I am concerned about Bitcoin, and I don't want the state, I don't want this bill to authorize the
- state to invest in Bitcoin.
- We'll just take your example, like some people think it would be Bitcoin.
- We'll just take your example, like some people think it would be Bitcoin.
Committee:
House Civil Law and Procedure
Summary:
The Civil Law Committee met on May 5, 2026, and first considered House Bill 165 by Representative Abear, a constitutional amendment to dedicate $500,000 annually from lottery proceeds to a veterans service grant fund. The committee adopted a technical amendment removing “up to,” approved the 6.8A report, and reported the bill with amendments without objection.
The committee then heard Senate Bill 185 by Senator Presley, which would make nondisclosure agreements in civil settlements involving child sexual abuse victims against public policy and unenforceable. Senator Presley and Elizabeth Phillips testified in support, describing the bill as part of the “Trey’s Law” movement to prevent survivors from being silenced. Additional supportive testimony came from Gillian Edwards Coburn, and committee members discussed how NDAs work in civil cases and the need to protect children’s ability to speak. The bill was reported favorably without objection.
Next, the committee considered Senate Bill 77 by Senator Miller, a Law Institute measure on the effects of leases of movable property. Testimony explained that the bill is intended to protect good-faith lessees of items such as heavy equipment when a merchant leasing the property lacks authority to do so. The bill was reported favorably without objection. The committee also heard Senate Bill 140 by Senator Miller, which clarifies that multiple successions may be handled in the same proceeding when jurisdiction is proper. Members discussed the cost and efficiency benefits for families, and the bill was reported favorably without objection.
Finally, the committee took up House Bill 603 by Representative Wright, a constitutional amendment authorizing state investment in digital assets and precious metals. Members questioned whether the language could include Bitcoin and how such investments would be monitored, with the sponsor saying implementation would be handled later by statute and public officials. The committee adopted the 6.8A report and then voted 5-3 to report the bill favorably. The meeting then adjourned.
LA
Transcript Highlights:
- But more importantly, would it also allow the investment in Bitcoin? That would depend.
- But I am concerned about Bitcoin, and I don't want the state, I don't want this bill to authorize the
- state to invest in Bitcoin.
- We'll just take your example, like some people think it would be Bitcoin.
- We'll just take your example, like some people think it would be Bitcoin.
Committee:
House Civil Law and Procedure
Keywords:
HB165, lottery proceeds, Lottery Proceeds Fund, Veterans Service Grant Fund, constitutional amendment, veterans, military veterans, veterans' benefits, veterans services, family support, state lottery, education funding, Minimum Foundation Program, problem gambling, compulsive gaming, state treasurer, ballot proposition, constitutional referendum, lottery revenue, Louisiana resident veterans