HB 665 VA

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Financial institutions and services; virtual currency kiosk operators; license required; penalties. Establishes requirements for the operation of virtual currency kiosks, as defined in the bill, including a requirement that a virtual currency kiosk operator obtain licensure with the State Corporation Commission. The bill requires operators to file annual and quarterly reports, provide certain disclosures, and take reasonable steps to detect and prevent fraud and money laundering. The bill prohibits operators from accepting transactions above specified daily and monthly limits and establishes a maximum transaction charge of 18 percent of the value of such transaction. A person who violates the bill's provisions is subject to a fine of up to $1,000 per violation as well as the existing enforcement provisions of the Virginia Consumer Protection Act. This bill is identical to SB 489.

• Michelle Lopes Maldonado · primary

1. Jan 13, 2026 Prefiled and ordered printed; Offered 01-14-2026 26105316D · lower
2. Jan 13, 2026 Referred to Committee on Communications, Technology and Innovation · lower
3. Jan 27, 2026 Fiscal Impact Statement from State Corporation Commission (HB665) · lower
4. Feb 2, 2026 House committee offered · lower
5. Feb 2, 2026 Reported from Communications, Technology and Innovation with substitute (16-Y 6-N) · lower
6. Feb 2, 2026 Committee substitute printed 26106154D-H1 · lower
7. Feb 4, 2026 Read first time · lower
8. Feb 4, 2026 Fiscal Impact Statement from State Corporation Commission (HB665) · lower
9. Feb 5, 2026 Read second time · lower
10. Feb 5, 2026 committee substitute agreed to · lower
11. Feb 5, 2026 Engrossed by House - committee substitute · lower
12. Feb 6, 2026 Read third time and passed House (84-Y 13-N 0-A) · lower
13. Feb 9, 2026 Constitutional reading dispensed (on 1st reading) · upper
14. Feb 9, 2026 Referred to Committee on Commerce and Labor · upper
15. Feb 23, 2026 Senate committee offered · upper
16. Feb 23, 2026 Reported from Commerce and Labor with substitute and rereferred to Finance and Appropriations (13-Y 0-N 1-A) · upper
17. Feb 24, 2026 Committee substitute printed 26108481D-S1 · upper
18. Mar 2, 2026 Fiscal Impact Statement from State Corporation Commission (HB665) · lower
19. Mar 3, 2026 Reported from Finance and Appropriations (15-Y 0-N) · upper
20. Mar 3, 2026 Rules suspended · upper
21. Mar 3, 2026 Constitutional reading dispensed (on 2nd reading) (40-Y 0-N 0-A) · upper
22. Mar 3, 2026 Passed by for the day (Voice Vote) · upper
23. Mar 4, 2026 Read third time · upper
24. Mar 4, 2026 Commerce and Labor Substitute agreed to · upper
25. Mar 4, 2026 Engrossed by Senate - committee substitute · upper
26. Mar 4, 2026 Passed Senate with substitute (40-Y 0-N 0-A) · upper
27. Mar 4, 2026 Senate substitute agreed to by House (84-Y 10-N 0-A) · lower
28. Mar 11, 2026 Enrolled · lower
29. Mar 11, 2026 Bill text as passed House and Senate (HB665ER) · lower
30. Mar 11, 2026 Signed by President · upper
31. Mar 12, 2026 Signed by Speaker · lower
32. Mar 14, 2026 Enrolled Bill communicated to Governor on March 14, 2026 · lower
33. Mar 14, 2026 Governor's Action Deadline 11:59 p.m., April 13, 2026 · executive
34. Apr 6, 2026 Fiscal Impact Statement from State Corporation Commission (HB665) · lower
35. Apr 13, 2026 Approved by Governor-Chapter 654 (effective 7/1/2026) · executive
36. Apr 13, 2026 Acts of Assembly Chapter text (CHAP0654) · executive

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

• Chaptered · PDF
• Chaptered · HTML
• Enrolled · PDF
• Enrolled · HTML
• Commerce and Labor Substitute · PDF
• Commerce and Labor Substitute · HTML
• Commerce and Labor Amendment · HTML
• Communications, Technology and Innovation Substitute · PDF
• Communications, Technology and Innovation Substitute · HTML
• Communications, Technology and Innovation Substitute · PDF
• Communications, Technology and Innovation Substitute · HTML
• Introduced · PDF
• Introduced · HTML