Alaska legislation · 34th Legislature
Alaska SB249: VIRTUAL CURRENCY KIOSKS
Status: Chaptered, July 2, 2026
An Act relating to virtual currency kiosks; relating to transactions involving virtual currency; relating to unfair trade or deceptive acts or practices; and providing for an effective date.
What the bill says
From the introduced text:
LAWS OF ALASKA Source Chapter No. HCS CSSB 249(L&C) _______ Relating to virtual currency kiosks; relating to transactions involving virtual currency; relating to unfair trade or deceptive acts or practices; and providing for an effective date. _______________ THE ACT FOLLOWS ON PAGE Enrolled SB Relating to virtual currency kiosks; relating to transactions involving virtual currency; relating to unfair trade or deceptive acts or practices; and providing for an effective date. _______________ * Section 1. AS 06.55 is amended by adding new sections to read: Article 1A. Virtual Currency Kiosks. Sec. 06.55.120. Virtual currency kiosk operator licensing and reporting. (a) A virtual currency kiosk operator may not engage in a virtual currency kiosk transaction or hold itself out as being able to engage in virtual currency kiosk transactions with or on behalf of another person unless the virtual currency kiosk operator holds a money transmission license. (b) A virtual currency kiosk operator may not locate a virtual currency kiosk in the state unless the virtual currency kiosk operator registers with and obtains the prior approval of the department. -1- Enrolled SB Sec. 06.55.125. Reporting. (a) Within 45 days after the end of each calendar quarter, a virtual currency kiosk operator shall submit a quarterly report to the department for each location in the state at which the person operates a virtual …
Sponsors
- Cathy Tilton (R, SD-M) · primary sponsor
- Mike Cronk (R, SD-R)
- Robert Myers (R, SD-Q)
- Forrest Dunbar (D, SD-J)
- Matt Claman (D, HD-021)
- Kelly Merrick (R, HD-014)
- Jesse Bjorkman (R, SD-D)
- Loki Tobin (D, SD-I)
- Scott Kawasaki (D, SD-A)
- Catherine Giessel (R, SD-E)
- Elvi Gray-Jackson (D, SD-I)
- George Rauscher (R, SD-O)
Latest actions
- : (S) EFFECTIVE DATE(S) OF LAW 10/1/26
- : (S) LAW W/O GOVERNOR SIGNATURE 6/30 CHAPTER 50 SLA 26
- : (S) 3:55 P.M. 6/15/26 TRANSMITTED TO GOVERNOR
- : (S) EFFECTIVE DATE(S) SAME AS PASSAGE
- : (S) CONCUR AM OF (H) Y20 N-
- : (S) CONCUR MESSAGE READ AND TAKEN UP
- : (H) VERSION: HCS CSSB 249(L&C)
- : (H) TRANSMITTED TO (S) AS AMENDED
- : (H) VANCE
- : (H) CROSS SPONSOR(S): GRAY, HALL, TOMASZEWSKI, JOSEPHSON, GALVIN, MCCABE, MEARS,
Votes
- CONCUR AM OF (H) (May 20, 2026): 20 yea, 0 nay, failed
- PASSED (May 19, 2026): 40 yea, 0 nay, passed
- PASSED (May 12, 2026): 20 yea, 0 nay, passed
Subjects: PROPERTY, LICENSING, INVESTMENTS, FINANCIAL INSTITUTIONS, DISCLOSURE, FINANCE, BUSINESS, ECONOMIC DEVELOPMENT
Common questions
- What is SB249?
- SB249 is a bill in the Alaska Legislature (34th Legislature): VIRTUAL CURRENCY KIOSKS.
- What does SB249 do?
- An Act relating to virtual currency kiosks; relating to transactions involving virtual currency; relating to unfair trade or deceptive acts or practices; and providing for an effective date.
- What is the status of SB249?
- Chaptered as of July 2, 2026. Latest action: (S) EFFECTIVE DATE(S) OF LAW 10/1/26 (July 16, 2026).
- Who sponsored SB249?
- Cathy Tilton (R, SD-M), with 11 co-sponsors.
- Where is the official record for SB249?
- On the Alaska Legislature website: https://www.akleg.gov/basis/Bill/Detail/34?Root=SB 249
Source: official Alaska record. Tracked by Delilah, AI for legislation across all 50 states and Congress.