STATE BILLVA HB 665PASSED

Financial institutions and services; virtual currency kiosk operators, license required, penalties.

Financial institutions and services; virtual currency kiosk operators; license required; penalties. Establishes requirements for the operation of virtual currency kiosks, as defined in the bill, including a requirement that a virtual currency kiosk operator obtain licensure with the State Corporation Commission. The bill requires operators to file annual and quarterly reports, provide certain disclosures, and take reasonable steps to detect and prevent fraud and money laundering. The bill prohibits operators from accepting transactions above specified daily and monthly limits and establishes a maximum transaction charge of 18 percent of the value of such transaction. A person who violates the bill's provisions is subject to a fine of up to $1,000 per violation as well as the existing enforcement provisions of the Virginia Consumer Protection Act. This bill is identical to SB 489.

Status: Passed; Signed or otherwise enacted
Status date: Apr 13, 2026; 213 days ago
Current chamber: House of Delegates
Session: 2026 Regular Session

VA HB 665 · PassedApr 13

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Bill details

Last action: Acts of Assembly Chapter text (CHAP0654) · Apr 13, 2026

Bill history

Newest first.

Apr 13, 2026Acts of Assembly Chapter text (CHAP0654)

Apr 13, 2026Approved by Governor-Chapter 654 (effective 7/1/2026)

Apr 6, 2026Fiscal Impact Statement from State Corporation Commission (HB665)House

Mar 14, 2026Governor's Action Deadline 11:59 p.m., April 13, 2026

Mar 14, 2026Enrolled Bill communicated to Governor on March 14, 2026House

Mar 12, 2026Signed by SpeakerHouse

Mar 11, 2026Signed by PresidentSenate

Mar 11, 2026Bill text as passed House and Senate (HB665ER)House

Show 28 earlier actions

Mar 11, 2026EnrolledHouse

Mar 4, 2026Senate substitute agreed to by House (84-Y 10-N 0-A)House

Mar 4, 2026Passed Senate with substitute (40-Y 0-N 0-A)Senate

Mar 4, 2026Engrossed by Senate - committee substituteSenate

Mar 4, 2026Commerce and Labor Substitute agreed toSenate

Mar 4, 2026Read third timeSenate

Mar 3, 2026Passed by for the day (Voice Vote)Senate

Mar 3, 2026Constitutional reading dispensed (on 2nd reading) (40-Y 0-N 0-A)Senate

Mar 3, 2026Rules suspendedSenate

Mar 3, 2026Reported from Finance and Appropriations (15-Y 0-N)Senate

Mar 2, 2026Fiscal Impact Statement from State Corporation Commission (HB665)House

Feb 24, 2026Committee substitute printed 26108481D-S1Senate

Feb 23, 2026Reported from Commerce and Labor with substitute and rereferred to Finance and Appropriations (13-Y 0-N 1-A)Senate

Feb 23, 2026Senate committee offeredSenate

Feb 9, 2026Referred to Committee on Commerce and LaborSenate

Feb 9, 2026Constitutional reading dispensed (on 1st reading)Senate

Feb 6, 2026Read third time and passed House (84-Y 13-N 0-A)House

Feb 5, 2026Engrossed by House - committee substituteHouse

Feb 5, 2026committee substitute agreed toHouse

Feb 5, 2026Read second timeHouse

Feb 4, 2026Fiscal Impact Statement from State Corporation Commission (HB665)House

Feb 4, 2026Read first timeHouse

Feb 2, 2026Committee substitute printed 26106154D-H1House

Feb 2, 2026Reported from Communications, Technology and Innovation with substitute (16-Y 6-N)House

Feb 2, 2026House committee offeredHouse

Jan 27, 2026Fiscal Impact Statement from State Corporation Commission (HB665)House

Jan 13, 2026Referred to Committee on Communications, Technology and InnovationHouse

Jan 13, 2026Prefiled and ordered printed; Offered 01-14-2026 26105316DHouse

Recorded votes

Reported from Communications, Technology and Innovation with substitute (16-Y 6-N)Feb 2, 2026 · House · 16 yea · 6 nayPassed

Read third time and passed House (84-Y 13-N 0-A)Feb 6, 2026 · House · 84 yea · 13 nayPassed

Reported from Commerce and Labor with substitute and rereferred to Finance and Appropriations (13-Y 0-N 1-A)Feb 23, 2026 · Senate · 13 yea · 0 nayPassed

Reported from Finance and Appropriations (15-Y 0-N)Mar 3, 2026 · Senate · 15 yea · 0 nayPassed

Constitutional reading dispensed (on 2nd reading) (40-Y 0-N 0-A)Mar 3, 2026 · Senate · 40 yea · 0 nayPassed

Passed Senate with substitute (40-Y 0-N 0-A)Mar 4, 2026 · Senate · 40 yea · 0 nayPassed

Senate substitute agreed to by House (84-Y 10-N 0-A)Mar 4, 2026 · House · 84 yea · 10 nayPassed

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Financial institutions and services; virtual currency kiosk operators, license required, penalties.

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Bill history

Recorded votes

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Financial institutions and services; virtual currency kiosk operators, license required, penalties.

What it means for vendors

Bill details

Sponsors

Bill history

Recorded votes

Read the bill at the source

Start finding government buyers today.It's free.

Start finding government buyers today.
It's free.