LeRoy Nellis

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HB 271 — Prohibiting the operation of virtual currency kiosks

This bill covers prohibiting the operation of virtual currency kiosks; creating a criminal offense.

By LeRoy Nellis — Tracked from public agency records

This bill covers prohibiting the operation of virtual currency kiosks; creating a criminal offense.

Author: Shofner. Filed: 11/09/2026 (H Filed). Caption: “Relating to prohibiting the operation of virtual currency kiosks; creating a criminal offense.”

Subjects: Business & Commerce--Trade Practices (I0006), Crimes--Miscellaneous (I0200), Electronic Information Systems (I0311), Financial--General (I0365), CURRENCY & CURRENCY EXCHANGE (S0335). Council document: see the Legislature history page.

Full bill text (Introduced)

Official text from the Texas Legislature. Bill history for HB 271 · Bill text (HTML).

90R2777 PRL-D By: Shofner H.B. No. 271 relating to prohibiting the operation of virtual currency kiosks; creating a criminal offense.

SECTION 1. Subtitle E, Title 3, Finance Code, is amended by adding Chapter 161 to read as follows: CHAPTER 161. VIRTUAL CURRENCY KIOSKS Sec. 161.001. DEFINITIONS. In this chapter: (1) "Electronic terminal" has the meaning provided by Section 31.002. (2) "Virtual currency" has the meaning assigned by Section 12.001, Business & Commerce Code. (3) "Virtual currency kiosk" means an electronic terminal that facilitates the exchange of virtual currency for money, bank credit, or other virtual currency, including by: (A) connecting directly to a separate virtual currency exchange that performs the actual virtual currency transmission; or (B) drawing upon the virtual currency in the possession of the electronic terminal's operator. Sec. 161.002. OPERATION OF VIRTUAL CURRENCY KIOSK PROHIBITED. (a) A person commits an offense if the person knowingly: (1) owns or operates a virtual currency kiosk located in this state; or (2) allows another person to operate or install a virtual currency kiosk on property located in this state that is owned, leased, or controlled by the person. (b) An offense under this section is a Class A misdemeanor.

SECTION 2. This Act takes effect September 1, 2027.

Sources: Texas Legislature, Today's Filed Bills in the House (11/09/2026), HB 271; 90th Legislature BillLookup history and Introduced bill text.

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