Cryptocurrency; measures to prevent fraud by cryptocurrency kiosk operators imposed, penalties established, Alabama Securities Commission authorized to enforce
Summary
This bill establishes fraud prevention measures for cryptocurrency kiosk operators in Alabama and authorizes the Alabama Securities Commission to enforce these regulations. The legislation imposes specific requirements on kiosk operators and establishes penalties for those who violate the fraud prevention rules. The bill aims to protect consumers using cryptocurrency kiosks from fraudulent practices by requiring compliance with state securities oversight.
Sponsor
Last action
Enacted
Apr 8, 2026
Topics
Legislative history
Enacted
Enacted
Enrolled
Signature Requested
Delivered to Governor
Bedsole Concur In and Adopt - Adopted Roll Call 1115
Ready to Enroll
Third Reading in Second House
Fiscal Responsibility and Economic Development 1st Amendment Offered CXUYTQW-1
Albritton motion to Table - Adopted Voice Vote CXUYTQW-1
Woods 1st Amendment Offered KHI32UU-1
Woods motion to Adopt - Adopted Roll Call 921 KHI32UU-1
Motion to Read a Third Time and Pass as Amended - Adopted Roll Call 922
Fiscal Responsibility and Economic Development 1st Amendment CXUYTQW-1
Reported Out of Committee Second House
Read for the Second Time and placed on the Calendar
Read for the first time and referred to the Senate Committee on Fiscal Responsibility and Economic Development
Pending Senate Fiscal Responsibility and Economic Development
Third Reading in House of Origin
State Government 1st Substitute Offered 9JC44MP-1
Motion to Adopt - Adopted Roll Call 573 9JC44MP-1
Motion to Read a Third Time and Pass as Amended - Adopted Roll Call 574
Engrossed
Read for the Second Time and placed on the Calendar
State Government 1st Substitute 9JC44MP-1
Reported Out of Committee House of Origin
Read for the first time and referred to the House Committee on State Government
Pending House State Government