HB 5636 Rhode Island House · 2025 Regular Session

AN ACT RELATING TO FINANCIAL INSTITUTIONS -- CURRENCY TRANSMISSIONS

HB 5636 requires virtual currency kiosk operators in the state to provide customers with a choice of paper or electronic receipts for every transaction, starting January 1, 2026. The receipts must include specific details like the customer's wallet address, account owner's full name, unique transaction ID, and the company's fraud refund policy statement. Operators must also send an electronic copy of each transaction to the customer's email or record on file. This law directly affects businesses operating virtual currency kiosks within the state, mandating clear transaction documentation to enhance transparency and consumer protection.
Bill status died 1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 26, 2025 Last action Mar 6, 2025
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Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
1
Mar 6, 2025
Committee
03/06/2025 Committee recommended measure be held for further study
legislature
Feb 26, 2025
Introduced
02/26/2025 Introduced, referred to House Innovation, Internet, & Technology
lower
7 primary · 0 co-sponsors

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