States / Rhode Island / HB 7955

HB 7955 Failed

AN ACT RELATING TO FINANCIAL INSTITUTIONS -- CURRENCY TRANSMISSIONS

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

Expands the definition of operator to anyone who enables customers to purchase virtual currency. Expands the definition of a transaction to include a digital product or application where payment is made in person or through a third party intermediary.

Chamber
House
Introduced
Feb 27, 2026
Last action
Mar 5, 2026 — 03/05/2026 Committee recommended measure be held for further study
Sponsor
Mary Ann Shallcross-Smith D
Session
2026
Momentum
5 · Stalled