Policy Reference

Maryland

Crypto law profiles, official sources, milestones, and related coverage for Maryland.

United States
Status
Topic
Law Type
Asset Class

Law database

3 law profiles

Law / Bill
Draft Intro Committee Passed Enacted Effective
Maryland Virtual Currency Kiosk Registration Regime SB 305; SB 741 Effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Sponsored by Sens. Pamela Beidle and Shelly Hettleman (D)

Financial Institutions and Activities – Virtual Currency Kiosks – Registration and Regulation

Maryland’s virtual currency kiosk regime requires operator and kiosk registration, sets transaction and fee limits, mandates disclosures and fraud-refund processes, and adds OFR enforcement rules.

Last action: May 12, 2026 - SB 741 approved by governor as Chapter 417; alterations effective Oct. 1, 2026.

Next: Oct 1, 2026 - SB 741 alterations effective

Profile State source Milestone source
Maryland Virtual Currency Unclaimed Property Amendments SB 665; HB 761 Effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Sponsored by President/Speaker by request of Comptroller

Maryland Uniform Disposition of Abandoned Property Act – Revisions

Maryland amendments to the abandoned-property statute that define virtual currency, impose a five-year dormancy rule, require pre-report liquidation and remittance of proceeds, and bar claims for post-liquidation gains.

Last action: May 20, 2025 - Governor approved SB 665 as Chapter 635 and HB 761 as Chapter 636.

Next: Oct 31, 2026 - Annual holder report deadline

Profile State source Milestone source
Dead 1
Strategic Digital Asset Reserve Act of Maryland (HB 51) HB 51 Expired Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Inactive Passed Passed: Pending Enacted Enacted: Pending Effective Effective: Pending

Sponsored by Del. Deni Taveras (D)

Strategic Digital Asset Reserve Act of Maryland

Maryland HB 51 would have created a State Treasurer-administered Digital Asset Reserve Fund for state-seized gambling proceeds and other authorized money, limiting investment to high-market-cap cryptocurrency.

Last action: Feb 3, 2026 - House Economic Matters hearing set for 2/03 at 1:30 p.m.; no later bill action recorded on MGA bill history.

Profile State source

Information is for general purposes only and not legal advice. See full disclaimer.