Washington legislation · 2025-26 Regular Session
Washington SB5280: Virtual currency kiosks
Status: Passed one chamber, March 12, 2026
Protecting consumers of virtual currency kiosks.
What the bill says
An act Relating to protecting consumers of virtual currency kiosks; amending RCW 19.230.150; adding a new section to chapter 19.230 RCW; and creating a new section. NEW SECTION.
From the introduced text:
AN ACT Relating to protecting consumers of virtual currency kiosks; amending RCW 19.230.150; adding a new section to chapter 19.230 RCW; and creating a new section. NEW SECTION. Sec. 1. The legislature finds that there is burgeoning financial fraud involving victims who are induced to purchase virtual currency and then are persuaded to open themselves to the theft of this purchase by sophisticated fraud rings. The legislature further finds that the federal trade commission has reported that in 2023 it received more reports of imposter scams per million in population from Washington than from any other state, that scammers are increasingly convincing people to pay with virtual currency, and that virtual currency payments are difficult to trace and typically not reversible. The legislature intends for this act, which protects consumers of virtual currency kiosks, to constitute an exercise of the state's police power to protect and promote the health, safety, and welfare of the residents of the state in general. Accordingly, while this act is intended to protect the public generally, it is not intended to create a duty owed to any individual or entity on the part of the state. NEW SECTION. Sec. 2. A new section is added to chapter 19.230 RCW to read as follows: (1) A licensee that operates a virtual currency kiosk shall report all …
Sponsors
- Claudia Kauffman (D) · primary sponsor
- Leonard Christian (R)
- T'wina Nobles (D)
- Derek Stanford (D)
- Javier Valdez (D)
Latest actions
- : By resolution, returned to Senate Rules Committee for third reading.
- : Executive session scheduled, but no action was taken in the House Committee on Consumer Protection & Business at 1:30 PM.
- : Public hearing in the House Committee on Consumer Protection & Business at 1:30 PM.
- : First reading, referred to Consumer Protection & Business.
- : Third reading, passed; yeas, 37; nays, 12; absent, 0; excused, 0.
- : Rules suspended. Placed on Third Reading.
- : Floor amendment
- : Returned to second reading for amendment.
- : Rules suspended.
- : Placed on third reading by Rules Committee.
Votes
- 3rd Reading & Final Passage (January 21, 2026): 37 yea, 12 nay, passed
- House Committee on Consumer Protection & Business: Do pass (April 2, 2025): 9 yea, 4 nay, passed
- 3rd Reading & Final Passage (February 26, 2025): 29 yea, 17 nay, passed
- Senate Committee on Business, Trade & Economic Development: Do pass (January 29, 2025): 5 yea, 0 nay, passed
Subjects: BUSINESSES, CURRENCY
Common questions
- What is SB5280?
- SB5280 is a bill in the Washington Legislature (2025-26 Regular Session): Virtual currency kiosks.
- What does SB5280 do?
- In its own words: An act Relating to protecting consumers of virtual currency kiosks; amending RCW 19.230.150; adding a new section to chapter 19.230 RCW; and creating a new section. NEW SECTION.
- What is the status of SB5280?
- Passed one chamber as of March 12, 2026. Latest action: By resolution, returned to Senate Rules Committee for third reading. (March 12, 2026).
- Who sponsored SB5280?
- Claudia Kauffman (D), with 4 co-sponsors.
- Where is the official record for SB5280?
- On the Washington Legislature website: https://app.leg.wa.gov/billsummary?BillNumber=5280&Year=2025
Source: official Washington record. Tracked by Delilah, AI for legislation across all 50 states and Congress.