Policy Reference

Rhode Island

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

United States
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1 law profile

Law / Bill
Draft Intro Committee Passed Enacted Effective
Rhode Island Currency Transmission Act Virtual Currency Amendments H 5847 / S 753A Effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Sponsored by Rep. Joseph Shekarchi (D)

An Act Relating to Financial Institutions — Licensed Activities — Currency Transmissions

Rhode Island amended its currency transmission law to cover certain virtual currency control, exchange, transfer, and storage activity under the state money transmission framework, effective Jan. 1, 2020.

Last action: Jul 15, 2019 - H 5847 completed legislative action and was signed by the governor on July 15, 2019.

Profile State source

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