Progress

Current status
in force
01 Sep 2023 in force
09 Jun 2023 adopted
17 May 2023 adopted
20 Apr 2023 under deliberation
26 Jan 2023 under deliberation

Scope

Implementers
United States of America
Policy Area
Consumer protection
Policy Instrument
Quality of Service requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
legislature
Government Body
parliament
Implementation Level
subnational

Timeline of events

01 Sep 2023
in force

Implemented Act relating to the commingling of funds by digital asset service providers (HB 1666)

On 1 September 2023, an “Act relating to the commingling of funds by digital asset service providers” (HB 1666) was implemented in Texas. The Act will apply to digital asset service providers that serve more than 500 digital asset customers in the s…

Event type law
Action type implementation
Government branch legislature
Government body parliament
09 Jun 2023
adopted

Signed Act relating to the commingling of funds by digital asset service providers (HB 1666)

On 9 June 2023, an “Act relating to the commingling of funds by digital asset service providers” (HB 1666) was signed by the Governor of Texas. The Act will apply to digital asset service providers that serve more than 500 digital asset customers in…

Event type law
Action type signing
Government branch legislature
Government body parliament
17 May 2023
adopted

Adopted Act relating to the commingling of funds by digital asset service providers (HB 1666)

On 17 May 2023, an “Act relating to the commingling of funds by digital asset service providers” (HB 1666) was adopted after being passed by the Texan Senate and House of Representatives. The Act will apply to digital asset service providers that se…

Event type law
Action type adoption
Government branch legislature
Government body parliament
20 Apr 2023
under deliberation

Passed Act relating to the commingling of funds by digital asset service providers (HB 1666)

On 20 April 2023, an “Act relating to the commingling of funds by digital asset service providers” (HB 1666) was passed by the Texas House of Representatives. The Act would apply to digital asset service providers that serve more than 500 digital as…

Event type law
Action type passage
Government branch legislature
Government body parliament
26 Jan 2023
under deliberation

Introduced Act relating to the commingling of funds by digital asset service providers (HB 1666)

On 26 January 2023, an “Act relating to the commingling of funds by digital asset service providers” (HB 1666) was introduced in the Texas Legislature. The Act would apply to digital asset service providers that serve more than 500 digital asset cus…

Event type law
Action type introduction
Government branch legislature
Government body parliament