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S2648Introduced in the Senate

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.

IntroducedSenate Commerce

Introduced by Victoria Gu, District 38

What does this bill do?

Plain-English breakdown

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Official description

FINANCIAL INSTITUTIONS -- CURRENCY TRANSMISSIONS - 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.

Where it stands

Committee recommended measure be held for further study

April 14, 2026

How did lawmakers vote?

SenateStage: Senate Committee on Commerce: Be held for further study · April 14, 2026

7

Yes

0

No

5

Absent or Not Voting

12 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.

What do people think?

Citizen Voice

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See how each senator voted

Bill history

  1. Introduced, referred to Senate Commerce

  2. Scheduled for hearing and/or consideration (04/14/2026)

  3. Committee recommended measure be held for further study

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