Video & Transcript Research : 'cryptocurrency regulation'

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HI

Hawaii 2026 Regular Session

CPC Public Hearing - Thu Feb 5, 2026 @ 2:00 PM HST

Consumer Protection & Commerce

Transcript Highlights:
  • Kiosks provide a safe and regulated way for residents to access cryptocurrency using cash, which remains
  • That of cryptocurrency uh deposits.
  • Again, as you've heard, cryptocurrency cryptocurrency cryptocurrency um<00:50:10.960> ATMs<00:
  • :20.240> entitled<00:53:20.720> to regulation E, consumers are entitled to regulation E
  • Um, and cryptocurrency fraud problem.
Summary: The committee on Consumer Protection and Commerce met on February 5, 2026, and heard testimony on several bills, beginning with HB 227 relating to eviction records. Supporters, including the Public First Law Center and the Office of Hawaiian Affairs, argued the bill would help people who prevail in eviction cases avoid long-term housing harm from online court records, while the Public First Law Center said keeping records off eCourt Kokua would not violate the First Amendment because the records would still be available in person. Members discussed access-to-justice concerns, and a witness said legal aid attorneys could still access the records through the attorney-only Jeff’s system and the court’s access-to-justice room. The chair also asked about precedent, and a witness cited a Hawaii Supreme Court case as supporting removal from the online database rather than sealing records entirely. The committee then took up HP 1775 relating to foreclosures, but the transcript only shows in-person opposition comments from the Hawaii State Bar Association Collection Law Section, the Hawaii Credit Union League, and the Hawaii Bankers Association. The credit union and banking groups said they had concerns about broader negative impacts on mortgage lending and other requirements, but no detailed discussion or action was captured before the committee moved on. The next measure, HB 1560 relating to consumer protection, drew support from the Office of Consumer Protection and cryptocurrency companies including Coinflip and America Digital, which said they already use wallet-pinning and other safeguards to prevent fraud. AARP Hawaii did not take a formal position but said the bill addressed a real problem, noting that Hawaii residents, especially in Kona, had lost more than $920,000 in 2024 to cryptocurrency ATM scams and arguing that stronger oversight was needed. The committee also heard HB 1642, which would ban cryptocurrency kiosks. The Office of Consumer Protection supported the ban as the best way to protect consumers from fraud, while Coinflip, Bitcoin Depot, and America Digital opposed it, arguing kiosks provide cash-based access to crypto, especially for unbanked or underbanked consumers, and that targeted regulation would be better than an outright ban. AARP Hawaii took no formal position but strongly emphasized the harm caused by scams, saying victims are often frightened into acting quickly and that kiosk transactions currently lack enough friction or intervention. Finally, HB 1647, also on consumer protection, would impose liability on host businesses that provide space for crypto kiosks. The Office of Consumer Protection warned small businesses might not understand the liability, while Coinflip, Bitcoin Depot, and America Digital opposed the bill, saying it would unfairly shift enforcement duties to host stores and could discourage businesses from hosting kiosks, effectively creating a de facto ban. No votes or final committee actions were taken in the portion of the meeting provided.
FL

Florida 2026 Regular Session

Banking and Insurance Jan 28th, 2026

Banking and Insurance

Transcript Highlights:
  • A customer is able to buy cryptocurrency with cash.
  • Right now, it's the only way for people who transact primarily in cash to purchase cryptocurrency.
  • I'm really trying to enhance my knowledge on this whole cryptocurrency thing.
  • I'm going to create the trust fund for the Florida Strategic Cryptocurrency Reserve.
  • We have Ash Mason, Office of Financial Regulation, waving in support.
Summary: The Committee on Banking and Insurance met with a quorum present and took up a series of bills, beginning with SB 1286 by Senator Wright. That bill expands the law enforcement recruitment bonus program to include firefighters, creates a DFS grant review panel for fire-related grants, and establishes an institute for PTSD and first-responder behavioral health. Testimony from fire chiefs and others supported the measure, and the committee reported it favorably. The committee then considered several insurance and financial regulation bills. CS/SB 198 by Senator Rousan, as amended, regulates virtual currency kiosks with transaction limits, notice and receipt requirements, and OFR enforcement authority; witnesses described it as a needed anti-fraud measure, especially for seniors, and it was reported favorably. CS/SB 772 by Senator Burgess, as amended, allows limited licenses for portable electronics and eyewear insurance, and CS/SB 1504 by Senator Claudio, as amended, creates a pathway for high school students to qualify for insurance customer representative licensure; both were reported favorably. The committee also approved two cryptocurrency reserve bills by Senator Gruters: CS/SB 1038 creates the Florida Strategic Cryptocurrency Reserve framework, and CS/SB 1040 creates the related trust fund; both received technical amendments and favorable reports. CS/SB 1440 by Senator Martin, as amended, creates public records exemptions and cybersecurity reporting provisions for financial institutions and related entities, and it was reported favorably. Finally, SB 1668 by Senator Burton, which updates the NICA program’s funding and benefit structure, and CS/SB 570 by Senator Polsky, which creates a task force on payment scams, were both heard with supportive testimony and reported favorably. Senators later recorded additional affirmative votes on selected bills before the committee adjourned.
MN

Minnesota 2025-2026 Regular Session

House Commerce Finance and Policy Committee 2/26/26

Commerce Finance and Policy

Transcript Highlights:
  • . cryptocurrency. cryptocurrency.
  • local crypto cryptocurrency kiosks. local crypto cryptocurrency kiosks.
  • 55.600> easy<00:23:56.559> and Cryptocurrency kiosks remain an easy and Cryptocurrency
  • not prohibit cryptocurrency itself. not prohibit cryptocurrency itself.
  • kind of processed via cryptocurrency kind of processed via cryptocurrency kiosks. kiosks. kiosks
Bills: HF3642, HF2700, HF3615
Summary: The Commerce Finance and Policy Committee met on House File 3642, which would prohibit virtual currency kiosks in Minnesota. The bill was laid over, and the committee adopted a DE1 author’s amendment. Chair Kaggel and Representative Perryman described the measure as a response to widespread scams using crypto kiosks, especially against older adults and other vulnerable people, and said they would continue working with the Department of Commerce and other stakeholders. Testimony from law enforcement and advocates strongly supported the ban. A St. Cloud police sergeant and a Woodbury detective described cases in which victims lost large sums, said the current safeguards and refund rules are being bypassed, and argued that the kiosks are difficult to investigate because funds move quickly and often overseas. An AARP Minnesota volunteer also supported the bill, saying kiosks are a preferred tool for scammers and that existing protections have not kept pace with the problem. The Department of Commerce said it strongly supports the bill and reported that it has received 120 complaints over three years involving nearly $1 million in reported losses, with 2025 the worst year so far. The main opposition came from CoinFlip’s general counsel, who argued that the problem is fraud generally, not kiosks themselves, and said Minnesota already has consumer protections, including refunds for eligible victims. He urged stronger regulation rather than a ban, citing blockchain analytics, hold periods, and 24-hour customer service as alternatives. Committee members then asked questions about how long kiosks have operated in Minnesota, how many there are, who owns them, and the scale of losses; Commerce said there are hundreds statewide, operated by a variety of companies, and that reported losses are likely undercounts.
AL

Alabama 2026 1st Special Session

Alabama House Financial Services Committee Mar 4th, 2026

Financial Services

Transcript Highlights:
  • It references clean it up and lock in banking department regulator for banking, make sure there's no
  • We're not creating different set of regulations.
  • That's really scooped out that chunk about payments, reference the official bank regulators. >> Well,
  • regulations regulations that's<00:07:25.919> really that's really that's really scooped<00:07
  • the official bank regulators. the official bank regulators.
Bills: HB259, SB247, HB259, SB247
AL

Alabama 2026 1st Special Session

Alabama House Transportation, Utilities and Infrastructure Committee Mar 17th, 2026

Transportation, Utilities and Infrastructure

Transcript Highlights:
  • some body of authority that can regulate some body of authority that can regulate that. that. that
  • the regulations to allow for them<00:23:21.039> to<00:23:21.200> regulate<00:23:21.679>
  • <00:23:22.400> That's them to regulate this body. That's them to regulate this body.
  • <00:24:18.799> I look for the state to regulate it. I look for the state to regulate it.
  • Now there's an regulation to go through.
MN

Minnesota 2025-2026 Regular Session

House Commerce Finance and Policy Committee 3/3/26

Commerce Finance and Policy

Transcript Highlights:
  • In short, the standards regulators.
  • I so much cryptocurrency is information.
  • or cryptocurrency would be cold storage. or cryptocurrency would be cold storage.
  • So, we are uh heavily<01:13:54.239> regulated<01:13:55.679> uh heavily regulated uh heavily
  • We think it's very important regulation.
Summary: The committee first approved the minutes from February 26, after correcting the header date to Thursday, February 26. It then took up House File 36004, as amended by the author’s technical A1 amendment. Representative Van Binsbergen described the bill as a change to statute governing bulk delivery of nonoxygenated fuel, especially for boats and other watercraft, to allow direct delivery to vehicles rather than requiring transport of fuel in containers or removal of boats from the water. Members generally supported the concept, citing convenience for lake users, reduced travel and potential invasive species spread, and fewer spill risks, but the chair said the bill would be laid over pending additional clarification from the State Fire Marshal’s Office and other agencies. House File 2236 was then introduced as a vehicle bill for possible future omnibus use and laid over without testimony or opposition. The committee also heard House File 3709, which would allow Minnesota banks and credit unions to offer custodial accounts for digital assets such as cryptocurrency. The authors framed the bill as a consumer-protection and competitiveness measure that would let local institutions keep pace with customer demand and prevent Minnesotans from relying on out-of-state or offshore providers. Testimony from the Department of Commerce and credit union representatives supported the bill, saying it would level the playing field, keep digital assets under Minnesota oversight, and help local institutions remain relevant; one witness said significant liquidity had been leaving local communities for outside exchanges. Questions from members focused on whether the accounts would be NCUA-insured, how the bill related to unclaimed property, and whether the policy goal was consumer protection or simply preserving bank relevance. Several members expressed support but also cautioned about crypto volatility, scams, and the need to avoid turning credit unions into exchanges. The discussion ended without a final vote in the excerpt, with the bill still under committee consideration.
TX
Transcript Highlights:
  • It is a serious problem if there's not some sort of regulation occurring.
  • They're not regulated. Yes, sir. They're regulated by the industry, essentially. I believe so.
  • Y'all are able to do this as far as regulating ATMs.
  • CoinFlip believes smart regulation is good for business.
  • They are known and subject to decades of scrutiny and regulation.
TX

Texas 89th Regular

Business and Commerce Apr 15th, 2025

Business & Commerce

Transcript Highlights:
  • , regulated financial, for legitimate lenders by exempting regulated financial institutions from this
  • on crypto kiosks or crypto ATMs, and said that without regulation it was a serious problem.
  • One of the only police departments in the state that has successfully seized cryptocurrency.
  • However, CoinFlip opposes certain language in SB 1705 relating the proposed regulations.
  • CoinFlip believes smart regulation is good for business.
Summary: The committee took up a long list of pending bills before moving to several bills on the day’s posting. It reported favorably SB 438, SB 512, SB 647, SB 648, SB 715, SB 758, SB 1964, SB 2121, SB 2145, SB 2167, SB 2330, SB 2349, SB 2443, SB 2629, SB 2702, SB 1495, and SB 2268, with several of those adopted from committee substitutes. Some measures were sent to the local and uncontested calendar, while others were reported to the full Senate. Votes on the pending-business bills were generally strong, though SB 715 and SB 2330 drew recorded opposition; SB 647 and SB 648 had one member present not voting because of confusion over the deed-related bills. A major discussion centered on SB 715, which would establish a reliability standard and penalties/incentives for generation resources. Senator Sparks said the committee substitute would avoid unfairly penalizing existing dispatchable generation, allow wind and solar to qualify through storage or backup power, give the PUC flexibility to set standards and phase in the program, and exempt switchable units. Critics raised concerns that it could raise consumer costs and destabilize the market, while supporters argued it would improve reliability. The committee substitute was adopted and the bill was reported out 6-4. The committee also heard testimony on SB 2330, dealing with payroll deduction for association dues, where the author said the bill would end state involvement in dues collection except for first responders covered by meet-and-confer agreements. Members questioned why teachers and other employees were treated differently, and the bill was reported out 6-5. Other notable bills included SB 2864 on building-integrated photovoltaics, SB 1012 on sale of surplus state property, SB 2221 on fraudulent UCC filings, SB 1705 regulating cryptocurrency kiosks with licensing, transaction limits, fee caps, and a 72-hour hold, SB 1181 on combative sports licensing, SB 2586 on HOA transparency, SB 2075 as a TDLR cleanup bill, and SB 383 restricting offshore wind interconnection based on impacts to shipping, wildlife, and coastal interests. Several of these were left pending after testimony, with SB 1705 drawing both law enforcement support and industry concerns over the fee caps and limits.
HI

Hawaii 2026 Regular Session

CPN Public Hearing 03-18-2026

Commerce and Consumer Protection

Transcript Highlights:
  • highest uh priorities and cryptocurrency highest uh priorities and cryptocurrency scams,<00:08:10.720
  • And there have been over 20 states that have regulated us in the last couple years.
  • cryptocurrency and other types of technology.
  • And, you know, we have engaged with the regulators.
  • most industries saying let's regulate most industries saying let's regulate us.<00:24:16.720>
Summary: The committee heard several consumer-protection and insurance measures. HB 1511 HD2 would prohibit unsolicited mail or email using high-pressure tactics or falsely implying affiliation with another entity; it drew support from the Office of Consumer Protection, the DCCA Insurance Division, and the Service Contract Industry Council, with some written support and at least one opposition. HB 1535 HD2, concerning automated external defibrillators and a tax-related provision for devices installed in certain public accommodations, received comments from DOTAX and the Tax Foundation, with additional support from the Department of Health and other groups. HB 1642 HD1 would ban ownership or operation of digital financial asset transaction kiosks that accept U.S. currency; it was strongly supported by OCP, the Attorney General, and AARP, while kiosk operators and industry representatives opposed the ban and urged a regulatory approach instead, including licensing, transaction limits, refunds, and other safeguards. Members questioned whether federal action could preempt the bill and whether a licensure regime could be funded through a surcharge, but no action was taken during the discussion. The committee also took up HB 1753 on social media account deletion and permanent erasure of personal information, with OCP standing on its initial comments and TechNet and Will Caron in support. HB 1810 HD2 would impose prompt payment and financial reporting requirements on professional solicitors selling donated tangible property on behalf of charities; Goodwill Hawaii testified in strong support, emphasizing donor trust and transparency, and several nonprofit and business groups submitted supportive testimony. HB 2282 HD1, which would require explanations for premium increases and clarify insurance licensing and cancellation/non-renewal procedures, was supported by the Insurance Division and OCP; a vice chair asked for complaint data related to condo associations, and a member noted that the same agencies had previously opposed similar Senate bills. Finally, HB 2614 HD1 would require cosmetics merchants to accept returns of new or unopened goods within specified time frames and improve signage requirements; OCP said the bill addressed longstanding complaints about high-pressure sales tactics and no-return policies, citing over 180 complaints and survey results showing most complainants did not understand the policy and felt misled.
FL

Florida 2026 Regular Session

Commerce and Tourism Feb 4th, 2026

Commerce and Tourism

Transcript Highlights:
  • It does not ban cryptocurrency.
  • We have industry come in front of us and ask for regulation.
  • I'm not saying that government, there's no regulation that would be helpful.
  • I'm not saying that government, there's no regulation that would be helpful.
  • It is a violation of safety and FAA regulations. But pilots are doing it.
Summary: The committee first postponed SB 1456, then heard SB 1236, which would condition state economic development incentives on employers using secret-ballot union elections and prohibit neutrality agreements. The sponsor argued the bill protects workers from coercion and applies only to companies receiving taxpayer-funded incentives; opponents said it was government interference, likely to hurt contractors, apprenticeships, and business growth, and raised concerns about federal preemption and Attorney General enforcement. After debate, the committee reported SB 1236 favorably on a recorded vote. The committee then considered CS/SB 198, a measure to regulate cryptocurrency kiosks by requiring operator registration, fraud warnings, transaction limits, blockchain analytics, receipts, and refund protections for certain first-time transactions tied to fraud. Supporters from the banking industry, AARP, and others said the bill would help stop scams that are targeting seniors and vulnerable adults; one industry witness supported the bill but suggested narrowing the limits for existing users and shortening the new-customer period. The committee reported the bill favorably. Next, the committee took up CS/SB 1356 on dog breeding, pet sales, and breeder registration. The sponsor said the bill is intended to curb puppy mills, improve animal welfare, and add consumer protections, while an amendment removed state oversight of local animal shelters. Pet store representatives supported much of the bill but objected to the three-day waiting period for financed purchases, expanded reimbursement, and unfair trade practice penalties; others argued the bill would add red tape and litigation. The committee adopted the amendment and then reported the bill favorably. The committee also heard SB 1722 on app stores and minors, which would require age verification, parental consent for minors, app-content disclosures, and enforcement by the Department of Legal Affairs. Supporters said the bill would help parents protect children online; opponents warned it could force collection of sensitive personal data, create privacy and constitutional problems, and duplicate existing parental tools. Members debated the balance between child safety and privacy, and the committee reported the bill favorably. Finally, the committee heard CS/SB 422 on ADS-B aviation data, which would bar use of ADS-B information to calculate certain landing or access fees; an amendment added departures to the restriction. Pilots supported the bill as a safety and privacy measure, while airport representatives opposed it as undermining airport finances and shifting costs. The amendment was adopted, and the hearing on the bill began with testimony from both sides.
OK
Transcript Highlights:
  • battery storage, it's a new technology, and that new technology needs some similar requirements and regulations
  • So the first part of this bill deals with battery storage protections and regulations.
  • the second PCS, the definition of high-demand facilities was updated to include data centers, cryptocurrency
  • It's putting regulation on an industry that is largely unregulated today.
AL
MN

Minnesota 2025-2026 Regular Session

House Commerce Finance and Policy Committee 3/18/26

Commerce Finance and Policy

Transcript Highlights:
  • <00:59:09.599> operated regulating an industry that's operated regulating an industry that's operated
  • Um, they've run away without regulation on any sort of practices on the internet.
  • :13:06.239> what regulated platforms, people know what regulated platforms, people know what they
  • transactions in transparent, regulated transactions in transparent, regulated marketplaces<01:14
  • Um, you know, we already regulate price gouging in emergencies.
AZ

Arizona 2026 Regular Session

02/16/2026 - Senate Finance

Finance

Transcript Highlights:
  • It is important to... ...and regulated and supervised by the state's Department of Finance.
  • So we are actually asking to regulate that and cap it at lower than 36, at a blended rate with a 24%
  • So it's also to promote consistency across both for regulation as well.
  • It's the direction that cryptocurrency and currency is going, and I think we would be remiss if we did
  • It's the direction that cryptocurrency and currency is going, and I think we would be remiss if we did
Summary: The Senate Finance Committee approved committee amendments and then heard a series of bills covering consumer lending, health insurance, chiropractic practice, breast cancer screening, insurance claim practices, digital assets, vaccination-based reimbursement, agricultural property inspections, and aviation tax exemptions. Testimony generally split between sponsors and industry or advocacy supporters emphasizing modernization, consumer access, or fairness, and opponents raising concerns about higher costs, tax breaks for wealthy interests, or unclear policy changes. Several bills drew detailed debate over whether they would help consumers or shift costs, and multiple witnesses described personal or industry experiences in support of the health-related measures. SB 1689, which would raise consumer loan thresholds and change interest-rate tiers, was amended but failed on a tied vote after Senator Epstein opposed it as shifting costs to smaller borrowers. SB 1347, requiring coverage for fertility preservation for cancer patients, was amended and passed 4-2 after testimony from the sponsor, a nonprofit representative, and two cancer survivors. SB 1165, eliminating cost-sharing for diagnostic and supplemental breast exams, was amended and passed 5-1. SB 1206, updating rules for public adjusters and contractors after loss events, was amended and passed 5-1. SB 1649, creating a digital assets strategic reserve fund, passed 4-2 despite criticism that it was unnecessary and pro-crypto. SB 1212, barring different reimbursement rates based on vaccination status, passed 4-2. SB 1291, limiting county assessors’ ability to reclassify or inspect agricultural property for four years after a successful appeal, was amended to allow inspections if taxable improvements are made and passed 5-1 over assessor opposition. SB 1516, expanding aviation-related tax exemptions to more aircraft maintenance and repair property, passed 4-1 after supporters framed it as economic development and opponents called it a tax break for private jets. SB 1554, updating chiropractic language from “x-ray” to “diagnostic imaging,” initially failed, was reconsidered after additional questioning, and then passed 3-2 after members said the change mainly codified current practice and reduced liability concerns.
AZ

Arizona 2026 Regular Session

03/24/2026 - House Commerce

Commerce

Transcript Highlights:
  • , and there was a video of my exchange with... ...don't want to be regulated.
  • You want that benefit, but you don't want to be regulated. You want it both ways.
  • So we want to create a pro-worker framework so people are regulated at the state level.
  • have no money to go toward regulating this.
  • They have no money to go toward regulating this.
Summary: The Commerce Committee heard and acted on a long series of bills, with several strike-everything amendments. SB 1421, dealing with restrictions on financial institutions, check cashers, and remittances involving undocumented immigrants, drew strong opposition on constitutional and economic grounds and support from the sponsor as a sovereignty measure; the committee rejected a Villegas affordable-housing striker and gave the bill a due pass recommendation. SB 1254, a continuation/cleanup bill for the Industrial Commission of Arizona and its divisions, was explained as mostly renaming and administrative changes and passed unanimously after adopting the chairman’s striker. SB 1515 created a Public Safety Parity Fund for DPS and corrections retention bonuses funded by investment earnings from the Budget Stabilization Fund; law enforcement witnesses supported it as a needed retention tool, while some members objected to using rainy-day fund interest, and it passed on a split vote. SB 1206 updated homeowner protection rules for adjusters and contractors after disasters, limiting certain conduct during loss events and emergency responses, and passed unanimously after amendment. The committee also approved SB 1563, which continues the Barbering and Cosmetology Board and lowers some fee caps, after testimony that the board protects public health and sanitation. SB 1649 established a Digital Assets Strategic Reserve Fund; a Ripple Labs witness discussed self-custody options for unclaimed crypto, while an Aguilar striker would have required reporting on employers whose workers receive public assistance, but that amendment failed and the underlying bill passed. SB 1290, originally about HOA closed meetings, became a major debate over transparency versus privacy; opponents warned the Carter striker would force disclosure of sensitive member and employee matters, supporters argued HOAs should not take secret action, and the committee adopted both the Aguilar consumer-protection striker and the Carter HOA transparency striker before passing the bill. SB 1670, preempting local contractor licensing and allowing certain journeyman licenses, was amended with a Villegas striker aimed at landlord algorithmic pricing and passed unanimously. The committee continued the Arizona Department of Gaming, Racing, and Boxing/MMA commissions in SB 1671, with the chairman’s amendment narrowing reporting requirements and adding aggregate complaint reporting; the department said it had worked with auditors and supported the bill, which passed. The meeting then moved into SB 1747, beginning discussion of social media application requirements for developers and covered companies, including age verification and parental consent, but the transcript cuts off before further testimony or action on that bill.
TX

Texas 89th Regular

Trade, Workforce & Economic Development May 7th, 2025

Trade, Workforce & Economic Development

Transcript Highlights:
  • Property is a form of cryptocurrency.
  • factors that are required through their minimum standard regulations.
  • 304, which regulates telemarketing, right?
  • Regulations requiring you to be accredited by the VA to prepare... and this will get into the details
  • Currently, the way that the 38 CFR is written, which is the Code of Federal Regulations governing the