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Bill > HB06752

CT HB06752

CT HB06752
An Act Concerning Digital Assets.

summary

Introduced
02/23/2023
In Committee
05/08/2023
Crossed Over
05/04/2023
Passed
06/15/2023
Dead
Signed/Enacted/Adopted
06/27/2023

Introduced Session

2023 General Assembly

Bill Summary

To: (1) Authorize the Banking Commissioner to adopt, amend and rescind regulations, forms and orders governing the business use of digital assets; (2) define "virtual currency address", "virtual currency kiosk" and "virtual currency wallet"; and (3) establish certain requirements applicable to owners or operators of virtual currency kiosks.

AI Summary

This bill: 1. Authorizes the Banking Commissioner to adopt, amend, and rescind regulations, forms, and orders governing the business use of digital assets, including virtual currencies and stablecoins, to ensure consumer protection. 2. Defines key terms such as "virtual currency address," "virtual currency kiosk," and "virtual currency wallet." 3. Establishes requirements for owners or operators of virtual currency kiosks, including disclosing material risks, terms and conditions, transaction details, and providing a refund policy for certain first-time transactions to wallets or exchanges outside the United States. The bill aims to provide a regulatory framework for the use of digital assets, particularly virtual currencies, and to protect consumers engaging in virtual currency transactions through kiosks.

Committee Categories

Business and Industry

Sponsors (5)

Other Sponsors (1)

Banking Committee (Joint)

Last Action

Signed by the Governor (on 06/27/2023)

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bill summary

Document Type Source Location
State Bill Page https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB06752&which_year=2023
Analysis - Summary for Public Act No. 23-82 https://www.cga.ct.gov/2023/SUM/PDF/2023SUM00082-R02HB-06752-SUM.PDF
BillText https://www.cga.ct.gov/2023/ACT/PA/PDF/2023PA-00082-R00HB-06752-PA.PDF
Bill Analysis For File Copy 754 https://www.cga.ct.gov/2023/BA/PDF/2023HB-06752-R010754-BA.PDF
Fiscal Note For File Copy 754 https://www.cga.ct.gov/2023/FN/PDF/2023HB-06752-R010754-FN.PDF
Bill Analysis for HB-6752, as amended by House "A" https://www.cga.ct.gov/2023/BA/PDF/2023HB-06752-R01-BA.PDF
House Schedule A LCO# 7343 (J) https://www.cga.ct.gov/2023/amd/H/pdf/2023HB-06752-R00HA-AMD.pdf
Fiscal Note for Amendment LCO 7343 (No Fiscal Impact) https://www.cga.ct.gov/2023/fna/pdf/2023HB-06752-R00LCO07343-FNA.PDF
Fiscal Note for HB-6752, As Amended by House "A" (LCO 7343) https://www.cga.ct.gov/2023/FN/PDF/2023HB-06752-R01-FN.PDF
Fiscal Note for Amendment LCO 6903 (No Fiscal Impact) https://www.cga.ct.gov/2023/fna/pdf/2023HB-06752-R00LCO06903-FNA.PDF
House LCO Amendment #6903 (J) https://www.cga.ct.gov/2023/lcoamd/pdf/2023LCO06903-R00-AMD.pdf
BillText https://www.cga.ct.gov/2023/TOB/H/PDF/2023HB-06752-R01-HB.PDF
Bill Analysis For File Copy 168 https://www.cga.ct.gov/2023/BA/PDF/2023HB-06752-R000168-BA.PDF
Fiscal Note For File Copy 168 https://www.cga.ct.gov/2023/FN/PDF/2023HB-06752-R000168-FN.PDF
BillText https://www.cga.ct.gov/2023/TOB/H/PDF/2023HB-06752-R00-HB.PDF
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