Transcript Highlights:

• exchange. >> It would be like a crypto exchange.
• >> It would be like a crypto uh exchange. >> It would be like a crypto uh exchange.
• > organization >> The crypto company or organization >> The crypto company or organization
• I have no crypto.
• [laughter] >> So I'm not I have no crypto.

Keywords: 1136, house, all

Transcript Highlights:

• Due to fraud involving these crypto kiosks, one member alone lost $200,000 in a crypto kiosk fraud
• Overall, the crypto market is $3.9 trillion in 2023.
• We are strictly the purchase of crypto with cash.
• We are strictly the purchase of crypto with cash.
• We are strictly the purchase of crypto with cash.

Bills: HB0098, HB0075, HB0041, HB0101

Keywords: gun control, Second Amendment, constitutional rights, misdemeanor, law enforcement, virtual currency, kiosk, financial institutions, regulation, Wyoming Money Transmitters Act, penalties, death benefits, retirement, survivor support, public safety, guardianship, monitoring, ward protection, financial independence, case management

Transcript Highlights:

• It's dealing with these crypto kiosks, if you will. Which bill would that be?
• I remember that crypto kiosk situation. Yeah, sure, sure, sure. So, the bill was SB1705. SB1705.
• It was the one where you're giving the commissioner the ability to investigate these crypto kiosks because
• Yeah, so what we're talking about are these crypto kiosks where literally, and many times, these machines
• Sometimes the machines serve as both a traditional ATM and now as a crypto kiosk.

Bills: SJR5, SJR27, SB4, SB6, SB7, SB9, SB13, SB15, SB23, SB27, SB30, SB40, SB57, SB66, SB140, SB268, SB293, SB331, SB413, SB437, SB447, SB457, SB467, SB506, SB510, SB512, SB568, SB571, SB650, SB710, SB763, SB785, SB800, SB850, SB863, SB865, SB904, SB905, SB973, SB974, SB1191, SB1281, SB1300, SB1362, SB1494, SB1504, SB1522, SB1540, SB1567, SB1579, SB1580, SB1610, SB1660, SB1723, SB1760, SB1838, SB1923, SB1946, SB1957, SB1964, SB2018, SB2024, SB2121, SB2167, SB2217, SB2221, SB2321, SB2337, SB2368, SB2373, SB2407, SB2431, SB2477, SB2587, SB2615, SB2753, SB2807, SB2900, SB2965, SB2972, SB2986, SB3039, SB3047, SB3059, SB3070, SB1, SB8, SB12, SB13, SB15, SB17, SB21, SB30, SB37, SB260, SB268, SB331, SB379, SB441, SB447, SB457, SB509, SB650, SB763, SB1198, SB1405, SB1506, SB1566, SB1610, SB1637, SB1660, SB1833, SB2018, SB2024, SB2155, SB2217, SB2308, SB2337, SB2601, SB2753, SB2778, SB2878, SB2900, SB3059, HB4, HB145, HB300, HB493, HB2011, HB2067, HB2516, HB2525, HB2885, HB2974, HB3071, HB3372, HB3595, HB5138, HB5246, HB796, HB1523, HB5294, HB748, HB3395, HB180, HB3171, HB4690, HB146, HB5596, HB5694, HB1135, HB3225, HB186, HB1449, HB3793, HB112, HB104, HB4233, HB1094, HB3336, HB3520, HB3320, HB5663, HB2731, HB2399, HB111, HB3483, HB4580, HB3748, HB632, HB4730, HB127, HB5690, HB5689, HB3385, HB4359, HB5381, HB20, HB123, HB549, HB5606, HB2594, HB1057, HB3664, HCR141, HCR40, HCR59, SJR36, SJR50, SJR63, SCR12, SCR39, SB2023, SB62, SB666, SB847, SB284, SB854, SB810, SB1505, SB583, SB507, SB1434, SB1772, SB2016, SB1122, SB731, SB397, SB508, SB1436, SB287, SB1882, SB393, SB1791, SB209, SB2429, SB1085, SB1975, SB2717, SB1262, SB636, SB2056, SB884, SB1200, SB1845, SB2458, SB801, SB3014, SB3013, SB758, SB2797, SB2076, SB2876, SB1640, SB1449, SB1181, SB1234, SB2926, SB2841, SB1528, SB1854, SB317, SB1250, SB2082, SB1237, SB2819, SB629, SB2608, SB1602, SB2009, SB867, SB640, SB1698, SB2680, SB913, SB1071, SB1086, SB1087, SB1483, SB1444, SB1553, SB1556, SB1703, SB2133, SB2297, SB2298, SB2622, SB2955, SB2334, SB1367, SB2044, SB2363, SB2565, SB1888, SB3036, SB3057, SB3043, SB3063, SB3035, SB203, SB2688, SB2522, SB2459, SB2655, SB2251, SB1884, SB2928, SB2566, SB2549, SB2553, SB2919, SB1944, SB1232, SB1798, SB2603, SB2607, SB2683, SB1319, SB3045, SB3071, HB20, HB127, HB549, HB1094, HB2594, HB2731, HB4233, HB4690, SR625, HCR167, SJR5, SB4, SB6, SB9, SB23, SB40, SB13, SB15, SB30, SB268, SB331, SB447, SB457, SB568, SB650, SB763, SB1540, SB1610, SB1660, SB2018, SB2024, SB2217, SB2337, SB2753, SB2900, SB2972, SB3059, HB4, HB145, HB493, HB2067, HB2516, HB2885, HB2974, HB3071, HB3372, HB3556, HB3595, HB5138

Keywords: bail, felony offenses, criminal justice reform, public safety, constitutional amendment, judicial conduct, state commission, judicial misconduct, commission membership, property tax, homestead exemption, school funding, state aid, electric power, interconnection, utilities, ERCOT, large load customers, water supply, sewer service

Transcript Highlights:

• Members, this is another consumer protection bill around crypto kiosks that builds on a bill previously
• This bill will provide a 10-day window in which crypto kiosk operators must acknowledge and respond to
• This bill will provide a 10-day window in which crypto kiosk operators must acknowledge and respond to
• So the crypto kiosk operators will have a requirement to report quarterly to OFI on the refund requests
• So it's all the kind of things you've heard about, but just using this crypto ATM as an apparatus to

Summary: The House Committee on Commerce met on May 11, 2026, with a quorum present and took up a series of Senate bills, a resolution, and one House bill. The committee reported favorably Senate Bill 79 to recreate Louisiana Economic Development, Senate Concurrent Resolution 5 to establish the Louisiana-Ireland Trade Commission, Senate Bill 375 on firefighting foam with amendments clarifying use in declared emergencies, Senate Bill 398 moving manufactured and modular housing oversight under the Contractors Licensing Board with technical and substantive amendments, Senate Bill 163 on virtual currency business licensing with an amendment providing for federal preemption if Congress enacts a national licensing regime, and Senate Bill 287 on virtual currency kiosks with consumer-protection provisions and technical amendments. The committee also reported favorably House Resolution 197, as amended, urging the Public Service Commission to study distributed energy generation and storage resources with LSU involvement, and Senate Bill 54, which would allow estheticians to blow-dry hair after certain services; that bill drew extensive testimony from supporters and opponents in the cosmetology and aesthetics industries before being reported favorably. Several bills prompted detailed discussion and testimony. On Senate Bill 398, the sponsor and Contractors Licensing Board representatives said the change would improve enforcement and consumer safety for manufactured-home installation, especially tie-downs, leveling, and foundation blocking, while not affecting HUD-regulated construction. On the virtual currency bills, OFI said it currently licenses 37 virtual currency businesses with 33 pending applications, and supporters described the kiosk bill as a response to fraud complaints by requiring clearer disclosures, refund procedures, live customer support, and reporting to OFI. For House Resolution 197, the sponsor, PSC officials, and energy stakeholders said the study would examine the value of distributed energy resources, including rooftop solar and battery storage, in light of rising demand and grid reliability concerns; PSC staff and LSU energy experts described the study as focused on market value and avoided-cost benefits. House Bill 744, which would have shifted regulation of certain New Orleans utilities from the city council to the PSC, generated discussion about constitutional history, rate impacts, and utility consolidation. PSC officials and the sponsor said the current city-council regulation is a constitutional exception dating back to 1921, and they argued that PSC regulation could reduce costs and simplify oversight, but the sponsor ultimately moved to defer the bill rather than force a floor fight, and the committee agreed. The committee then began consideration of Senate Bill 386, the Louisiana Data Privacy Act, adopting technical amendments and then a larger amendment package that revised definitions and compliance provisions; the transcript ends while that bill’s amendment process is still underway, with no final action shown in the excerpt.

Transcript Highlights:

• Virtual currency kiosks, better known as crypto ATMs, are popping up everywhere, offering quick and easy
• Scammers targeting the elderly and vulnerable often instruct victims... ...victims to send money through crypto
• machines for other criminal uses, including to clean dirty money, turning cash into hard-to-trace crypto
• Crypto innovation is essential while alive, very much, and is necessary for stopping criminals from hijacking

Bills: HB11, HB12, HB21, HB26, HB30, HB33, HB37, HB45, HB210, HB303, HB630, HB879, HB1041, HB1188, HB1261, HB1318, HB1465, HB1535, HB1593, HB1778, HB2559, HB2596, HB2692, HB2703, HB2712, HB2742, HB2809, HB2890, HB3012, HB3526, HB5061, HB5092, HB5238, HCR92, SB203, SB317, SB393, SB397, SB644, SB731, SB801, SB867, SB913, SB1071, SB1073, SB1086, SB1087, SB1250, SB1310, SB1359, SB1444, SB1483, SB1705, SB1782, SB1861, SB1897, SB1944, SB2023, SB2043, SB2082, SB2133, SB2215, SB2309, SB2497, SB2532, SB2549, SB2566, SB2617, SB2639, SB2696, SB2717, SB2747, SB2751, SB2790, SB2797, SB2799, SB2841, SB2850, SB2857, SB2891, SB2919, SB2928, SB2994, SB3051, SJR34, SB529, SB541, SB693, SB963, SB1968, SB2308, SB2544, SB1173, SB1646, SB1734, SB1833, SB1, SB17, SB260, SB509, SB1506, SB1637, HB1393, HB2559, HB26, HB3012, HB1593, HB2607, HB3526, HB3810, HB388, HB879, HB12, HB2703, HB30, HB2712, HB2692, HB1633, HB1318, HB685, HB630, HB4753, HB2742, HB303, HB198, HB1535, HB762, HB148, HB1520, HB5061, HB2286, HB1606, HB1041, HB132, HB11, HB45, HB48, HB1261, HB1465, HB1778, HB2596, HB5238, HB33, HB1188, HB210, HB1022, HB1458, HB5560, HB1240, HB1950, HB2027, HB2768, HB2788, HB2791, HB3146, HB3698, HB3699, HB1893, HB3700, HB4850, HB4187, HB1397, HB4885, HB4804, HB3751, HB3611, HB2775, HB2061, HB2003, HB1729, HB1242, HB791, HB2029, HB647, HB2522, HB4738, HB3033, HB3594, HB3474, HB2563, HB2802, HCR90, SJR36, SJR50, SJR63, SCR12, SCR39, SB2023, SB128, SB2043, SB62, SB666, SB847, SB284, SB854, SB810, SB1505, SB583, SB507, SB1434, SB1772, SB2016, SB1122, SB731, SB397, SB508, SB1436, SB287, SB1882, SB393, SB1791, SB209, SB2429, SB511, SB2309, SB1085, SB1975, SB2717, SB1262, SB636, SB2056, SB884, SB1200, SB1845, SB2458, SB801, SB3014, SB3013, SB758, SB2797, SB2076, SB2876, SB1640, SB1449, SB1181, SB1234, SB2926, SB2841, SB1528, SB2891, SB1854, SB317, SB1250, SB2082, SB1237, SB2819, SB629, SB2608, SB1602, SB2009, SB867, SB640, SB1698, SB2680, SB2994, SB913, SB1071, SB1086, SB1087, SB1483, SB1444, SB1553, SB1556, SB1703, SB2133, SB2297, SB2298, SB2622, SB2955, SB2334, SB1861, SB1367, SB2044, SB2363, SB2565, SB1888, SB3036, SB3057, SB3043, SB3063, SB3035, SB203, SB2799, SB2688, SB2522, SB2639, SB2459, SB2655, SB2251, SB1884, SB2617, SB2928, SB2566, SB1897, SB1749, SB2549, SB2553, SB2919, SB1782, SB1705, SB2696, SB1944, SB2215, SB1232, SB2850, SB2969, SB2497, SB1798, SB2603, SB2607, SB781, HB34, HB128, HB130, HB581, HB668, HB677, HB766, HB2259, HB2960, HB2358, HB2894, HB4384, HB2663, HB748, HB793, HB1193, HB1734, HB2340, HB2350, HB3104, HB5180, HB4739, HB1584, HB4344, HB4238, HB4219, HB3806, HB3805, HB3804, HB3803, HB3229, HB3228, HB1922, HB1522, HB431, HB3597, HB1612, HB4224, HB754, HB1314, HB2254, HB2789, HB3560, HB4643, HB1237, HCR98, SB3070, SB835, SB524, SB2233, SB2683

Keywords: licensing, reciprocity, regulation, Texas Department of Licensing and Regulation, interstate agreements, housing finance, multifamily residential, low income, tax exemption, audit requirements, affordable housing, local government, development bonds, Medicaid, nutrition support, maternal health, chronic conditions, pilot program, disaster relief, tax rates

Transcript Highlights:

• Crypto, as we know, will continue to grow into a major part of the financial system.
• Today, banks and payment processors are embracing crypto. We need to be prepared.
• plan to have oversight hearings in the coming months about DFPI, including how to implement the new crypto

Keywords: 988, house, all

Bills: HB2391, HB2294, HB2374, HB1997, HB2147, HB2185, HB1641, HB2195, HB2023, HB2031, HB2033, HB1937, HB2586, HB2575, HB2030, HB2115, HB2233, HB1801, HB1546, HB2132, HB2102, HB2356, HB2457, HB2292, HB2554, HB676, HB1528, HB2061, HB2094, HB2095, HB2181, HB2369, HB2578, HB2493, HB1642, HB1991, HB1652, HB2104, HB2593, HB1553, HB1823, HB1918, HB1860, HB2604, HB2605, HB2001, HB2437, HB1947, HB2384, HB2473, HB2140, HB1458, HB2603, HB2411, HB1611, HB2138, HB2141, HB2284, HB1568, HB1924, HB1928, HB2570

Keywords: tax holiday, school supplies, general excise tax, Hawaii, consumer savings, education, land transfer, public schools, Department of Education, property conveyance, Act 307, Kauai, Maui, shade trees, fruit trees, educational program, climate change, tree canopy, environmental education, native plants

Transcript Highlights:

• Just like you go to Fidelity to buy stock, you go to an exchange in the crypto world to buy Bitcoin or
• So, Bitcoin represents over 50% of the total crypto market.
• And people say the crypto market, there are over 17,000 cryptocurrencies out there, 17,000.
• And so they would never define what was crypto, what was a security, what was a commodity.
• going, I mean, this is continuing, this is now, this is present, and that is your point regarding crypto

Transcript Highlights:

• As I was sharing with Representative Meza a few minutes ago, I'm certainly not the crypto expert.
• This bill will help Texas be the number one state for crypto and other digital assets.
• I will say that we have witnesses here who are much more qualified to answer questions on the crypto
• This is obviously the next step as far as the crypto revolution moving into. become incorporated or LLC

Bills: HB2226, HB2269, HB2343, HB2760, HB3621, HB4079, HB4204, HB4518, HB4531, HB4555, HB4850, HB4876, HB4903, HB4996, HB5122

Keywords: construction trust funds, Property Code, Chapter 162, construction payments, mechanics lien, contractors, subcontractors, laborers, material suppliers, materialmen, real property improvement, assignment of payment rights, unpaid trust funds, trust fund beneficiaries, construction industry, payment protection, Texas construction law, property owners association, landscaping, grass maintenance

Transcript Highlights:

• . >> Okay, I've been I was part of the crypto commission a couple years ago.
• part<00:12:00.320> of<00:12:00.399> the<00:12:00.640> the<00:12:00.880> crypto
• >> I've been I was part of the the crypto >> I've been I was part of the the crypto
• <01:51:45.679> friendly because of their uh crypto friendly because of their uh crypto friendly
• They range from, you know, traditional crypto, the exchanges, banks, and everything in between.

Keywords: 1189, house, all

Summary: The commission met on November 12 and first approved the September 17 and October 15 draft minutes unanimously after brief discussion. Members also identified themselves for the record, including a new member from Bumpsk Bank, a staff attorney from the Secretary of State’s Bureau of Securities Regulation, a prior crypto commission participant, and a uniform law commissioner involved in tokenization projects. The main presentation was by UNH law professor Seth Orinberg, who discussed the federal GENIUS Act and the pending Clarity Act and how they affect New Hampshire’s options in the digital asset space. He described the GENIUS Act as governing payment stablecoins/stable tokens, defining them as blockchain-based assets used primarily for payments, redeemable for a fixed amount of national currency, and required to maintain stable value. He said the law creates three possible state roles: hosting federally qualified issuers, becoming a state qualifier for issuers up to a $10 billion threshold, or exploring state-backed issuance as a sovereign. He noted that the state-qualification path would require conforming legislation, examination capacity, and coordination with Treasury, while the sovereign-issuer theory is legally uncertain and may become a test case. Orinberg also outlined the core compliance framework he said applies to covered issuers: 100% reserve backing in high-quality liquid assets, monthly public reserve reporting, no yield or interest-like rewards, segregation of reserve assets, immediate redemption at face value, and anti-money-laundering/know-your-customer obligations. He then turned to the Clarity Act, describing it as a broader market-structure bill that would create categories such as digital asset, digital commodity, digital security, and ancillary asset, with self-certification procedures for issuers. He said the two federal laws together would separate payments from investments, preempt inconsistent state standards for covered payment stablecoins, and likely reshape the boundaries of state authority over digital assets.

Transcript Highlights:

• We have 500 bills between insurance, banking, crypto, health care.
• We have 500 bills between insurance, banking, crypto, and health care.
• looking at this, and maybe we should bring in this expert or, you know, consider this or consider crypto

Keywords: 995, all

Summary: The House and Senate chairs opened the first organizational meeting of the special initiative commission created by Chapter 238 of the Acts of 2024 to study the future of payments and sales transactions by credit card and the impacts on small businesses. They explained that no testimony would be taken at this meeting; instead, the commission would begin its work, introduce members, and prepare for future hearings and a final report with recommendations on credit cards and other payment methods. The chairs outlined the commission’s charge: to examine payment trends, cashless transactions, credit card fees, mobile payments, buy now, pay later financing, and the effects of section 28A of chapter 140D on small businesses. They said the commission would likely organize hearings around business and consumer impacts, the legal and regulatory landscape, and policy options such as transparency measures, reporting requirements, and possible limits. Members discussed the importance of hearing from retailers, restaurants, banks, small businesses, and possibly experts, and suggested considering cryptocurrency and whether hearings should be held outside the State House or include regional access. Several commissioners and stakeholders introduced themselves, including representatives from the Attorney General’s office, the House, the Executive Office of Economic Development, the Commissioner of Banks, retail and restaurant associations, a banking representative, and two small business owners. The chairs said interested parties could sign up to testify or receive notices, written testimony would be accepted, and the first hearing was tentatively set for April 8 in Gardner Auditorium. The meeting ended with a motion to close, which passed unanimously.

Transcript Highlights:

• She'll be covering crypto and occupational licensing. And finally, Tina. Senator Blanco. Present.
• She'll be covering crypto and occupational licensing. And finally, Tina.
• There's some concern that some crypto miners...
• There's some concern that some crypto miners could simply split their operations into subsidiaries to
• So, from the PUC perspective, we talked about crypto mining and registering with the PUC.

Keywords: 1185, senate, all

Transcript Highlights:

• Moving on to slide four, which addresses large virtual or crypto miners, as it's commonly called.
• It's about the growth in large loads in Texas, including crypto mining. give the PUC and RCOT some visibility
• Senate Bill 1929, last session, required large crypto miners to register with the PUC.
• just from oil and gas, but also from economic growth and from other consumers like data centers. in crypto

Keywords: 1184, house, all

Transcript Highlights:

• We have some states such as Tennessee and Indiana who have banned these crypto kiosks entirely.
• We have some states such as Tennessee and Indiana who have banned these crypto kiosks entirely.
• 14:19.360> this<00:14:19.680> session<00:14:20.079> outright<00:14:20.720> crypto
• <00:14:21.199> kiosk these this session outright crypto kiosk these this session outright
• crypto kiosk entirely.<00:14:22.720> And<00:14:22.880> I<00:14:23.120> believe<00

Bills: HB303, SB360, SB325, HB477, SB329, HB381, SB330

Keywords: 923, senate, all

Transcript Highlights:

• Coinbase, the the uh Bitcoin and crypto Coinbase, the the uh Bitcoin and crypto platform,<03:40:
• I did not uh crypto users to the IRS.
• crypto secrecy bill.
• This is a crypto secrecy bill.
• people's interest over to crypto.

Keywords: 928, house, all

Summary: The Judiciary Committee opened a hearing on House Bill 1067-FN, which would formalize and expand mental health courts in New Hampshire and create a grant-based funding structure for them. Representative Mark Pearson, the prime sponsor, described the bill as a bipartisan, compassionate, and cost-effective approach that would connect people with mental illness to treatment and supervision instead of incarceration, while still holding them accountable. He said the proposal was developed with input from the judicial branch, law enforcement, corrections, mental health organizations, and others, and emphasized that local courts could tailor programs to their needs. Committee members questioned the bill’s fiscal note, whether the legislature had previously studied the issue, how the program would be funded, and whether the bill should more explicitly address treatment, prevention, and data collection. Representative Buzz Sher, who helped develop the bill, explained how mental health courts work, including referral, clinical and public-safety assessments, case management, goal-setting, and graduation from the program. He said existing New Hampshire mental health courts are mostly partial and county-funded, and that the bill would formalize them, set standards, and allow grant funding. He also cited data from Georgia and New Hampshire suggesting significant savings from reduced incarceration and related costs. Members also raised concerns about due process, whether people not formally charged could be swept into the system, and whether individuals with violent offenses or domestic violence histories could be diverted inappropriately. Sher responded that only people already in the criminal justice process are eligible and that courts use safety assessments to screen out most violent cases. The committee requested that Sher file supporting financial data from other jurisdictions, and he agreed to do so. No vote or final action was taken during the hearing.

Transcript Highlights:

• No, it's the crypto. Well, that same thing includes crypto.
• I'll tell you why: there is a serious... ...you why: because there is a serious problem with tracing crypto
• You want... you want to... if money goes through crypto, you know, there's no way to follow up with that

Keywords: 923, senate, all

Transcript Highlights:

• Also, a lot of discussion between both branches on scams, specifically crypto, crypto kiosks, right?
• Obviously, crypto, you know, crypto kiosks being kind of a driver of that.
• Also, a lot of discussion between both branches on scams, specifically crypto, crypto kiosks, right?
• being you know crypto kiosk being kind of a driver of that trends in in scams using AI and just kind
• Lippur Garibadian has filed a bill on crypto. You're probably working with her on that, so helpful.

Keywords: 995, all

Summary: The joint budget hearing opened the FY27 budget process with remarks from the Senate and House Ways and Means chairs, who described the fiscal outlook as challenging because of slow revenue growth, rising health care and other costs, and uncertainty from federal policy changes. Governor Healey and Secretary of Administration and Finance Matthew Gorzkowicz then presented House 2, a $62.8 billion budget that they said grows by about 1% and does not raise taxes or fees. They emphasized affordability, fiscal discipline, protection of core services, and continued investment in education, transportation, housing, child care, health care, and public safety. The administration also discussed a separate bill to delay and phase in certain federal tax-code changes from the so-called OB3 law, especially research and experimental expense provisions, to reduce immediate budget impacts and preserve competitiveness. A major portion of the hearing focused on education and municipal aid. The administration said House 2 provides about $7.6 billion for Chapter 70 aid, fully funds the final year of the Student Opportunity Act, increases special education circuit breaker funding, and raises rural school aid. Senators and representatives from both parties raised concerns that Chapter 70 and other aid formulas are not equitable for small, rural, and low-wealth communities and are not keeping pace with inflation, and several called for broader review of the formula and related funding streams. The governor and secretary said they are open to further discussion, pointed to additional support through rural aid, special education, transportation reimbursements, and minimum aid, and said total Student Opportunity Act investment would reach about $2.1 billion over the life of the law. Transportation, housing, and fair share spending were also central topics. The administration said fair share revenues are being used holistically, with education-heavy spending in the operating budget and transportation-heavy spending in the supplemental budget, and estimated the overall split to date at roughly 57% education and 43% transportation. They highlighted MBTA stabilization, regional transit authority support, microtransit, fare-free regional transit, and bridge and commuter rail investments, while noting the MBTA remains a major fiscal concern. On housing, the governor stressed production, permitting reform, ADUs, down-payment assistance, and support for public housing authorities, while lawmakers pressed for more funding for local housing authorities and for ways to address out-migration, energy costs, and affordability. The governor also said the administration will not withhold fire safety grants from communities over MBTA Communities Act noncompliance and will handle such issues case by case. No votes were taken at the hearing; it was an informational presentation and question-and-answer session.

Transcript Highlights:

• blockchain can be like software, and there's lots of stuff that goes on that has nothing to do with crypto
• We've been working in the crypto consumer protection space for a number of years.
• Equally passionate about crypto and blockchain and the potential it has when it comes to integration

Keywords: 988, house, all

Transcript Highlights:

• And it's also built for crypto, but again, it's really seeking to solve those problems and challenges
• Um and it's also built for crypto<00:12:47.839> but<00:12:48.160> again<00:12:48.480>
• > it's<00:12:48.880> really<00:12:49.200> seeking<00:12:49.600> to crypto but
• again it's really seeking to crypto but again it's really seeking to solve<00:12:50.639> those
• <00:20:17.760> and<00:20:18.080> traditional<00:20:18.559> financial crypto and

Keywords: 1189, house, all

Summary: The meeting began with roll call and approval of the prior meeting minutes, which passed unanimously. Members then introduced the day’s presentations, including one on the Canton network and another on tokenizing real-world assets, with a focus on how blockchain systems can support regulated financial institutions and asset tokenization. Julie, the director of policy and government affairs at Digital Asset, presented on the Canton network, describing it as a privacy-enabled public blockchain designed for regulated finance. She said tokenization should preserve the same legal and economic rights as the underlying asset, and argued that blockchain-based books and records can shorten settlement times, improve 24/7 trading, and reduce friction in capital markets. She identified three main barriers to institutional adoption of public blockchains: lack of privacy, limited throughput/scalability, and lack of control for compliance purposes such as freezing assets, pausing transactions, and meeting AML/sanctions obligations. She explained Canton’s structure as a public, permissionless network with application-level privacy controls, a global synchronizer, and super validators chosen by vote. She also highlighted current ecosystem participants and use cases, including Broadridge, Circle, and the DTCC’s planned tokenization of U.S. Treasuries on the network. Members and online participants asked about the relationship between tokenized assets and the Clarity Act, tokenized deposits, safeguards for faster settlement, and whether the platform could be used for municipal or property records. Julie said Digital Asset was not taking a position on rewards, but supported clearer statutory definitions because tokenized securities should carry the same rights as the underlying assets and investors need to know whether a token is a true tokenized security or a synthetic/reference token. She said the company is agnostic on whether the cash leg is stablecoins or tokenized deposits, though it expects both to develop. In response to concerns about rapid settlement, she pointed to institution-level permissions and SEC disclosure expectations as safeguards. She also said the technology could be used for other records, including potentially property-related records, if those assets can be tokenized.

Transcript Highlights:

• on them, saying we were not allowing more crypto kiosks in the state of Vermont.
• They're basically, uh, cash machines for crypto currency, um, or virtual currency, um, and the Senate
• Meanwhile, the House was taking testimony on it and moving forward with, um, a full ban on the crypto
• They're basically, uh, cash machines for crypto currency, um, or virtual currency, um, and the Senate
• There are two crypto kiosks in Vermont right now.

Keywords: 927, senate, all