Pennsylvania legislation · 2025-2026 Regular Session
Pennsylvania SB1015: An Act providing for regulation and reporting requirements for qualifying virtual currency kiosk operators and for money transmitter license; and imposing duties on the Department of Banking and Securities.
Status: In committee, September 17, 2025
What the bill says
From the introduced text, September 17, 2025:
PRINTER'S NO. 1172 THE GENERAL ASSEMBLY OF PENNSYLVANIA SENATE BILL No. Session of INTRODUCED BY PENNYCUICK, VOGEL AND BROWN, SEPTEMBER 17, 2025 REFERRED TO COMMUNICATIONS AND TECHNOLOGY, SEPTEMBER 17, 2025 Providing for regulation and reporting requirements for qualifying virtual currency kiosk operators and for money transmitter license; and imposing duties on the Department of Banking and Securities. TABLE OF CONTENTS Section 1. Short title. Section 2. Definitions. Section 3. Confidentiality. Section 4. Disclosures of material risks. Section 5. Disclosure of general terms and conditions. Section 6. Warning disclosure. Section 7. Receipts. Section 8. Blockchain analytics. Section 9. Customer service. Section 10. Anti-fraud policy. Section 11. Financial Exploitation of Elder and Vulnerable Adults Policy. Section 12. Compliance policies. Section 13. Compliance officer. Section 14. Consumer protection officer. Section 15. Reporting virtual currency kiosk locations. Section 16. Money transmitter license. Section 17. Armored car carrier. Section 18. Effective date. The General Assembly of the Commonwealth of Pennsylvania hereby enacts as follows: Section 1. Short title. This act shall be known and may be cited as the Virtual Currency Kiosk Regulation Act. Section 2. Definitions. The following words and phrases when used in this act shall have the meanings given to them in this section unless the context clearly indicates otherwise: "Armored car carrier." A corporation, limited liability company, limited liability partnership or …
Sponsors
- Tracy Pennycuick (R, 24) · primary sponsor
- Vogel Jr., Elder A. (R, 47)
- Rosemary Brown (R, 40)
Latest actions
- : Referred to COMMUNICATIONS AND TECHNOLOGY, Sept. 17, 2025
Subjects: COMMUNICATIONS AND TECHNOLOGY
Common questions
- What is SB1015?
- SB1015 is a bill in the Pennsylvania Legislature (2025-2026 Regular Session): An Act providing for regulation and reporting requirements for qualifying virtual currency kiosk operators and for money transmitter license; and imposing duties on the Department of Banking and Securities.
- What is the status of SB1015?
- In committee as of September 17, 2025. Latest action: Referred to COMMUNICATIONS AND TECHNOLOGY, Sept. 17, 2025 (September 17, 2025).
- Who sponsored SB1015?
- Tracy Pennycuick (R, 24), with 2 co-sponsors.
- Where is the official record for SB1015?
- On the Pennsylvania Legislature website: https://www.palegis.us/legislation/bills/2025/sb1015
Source: official Pennsylvania record. Tracked by Delilah, AI for legislation across all 50 states and Congress.