Progress

Current status
in force
01 Sep 2021 in force
15 Jun 2021 adopted
31 May 2021 adopted
11 May 2021 under deliberation
11 Mar 2021 under deliberation

Scope

Implementers
United States of America
Policy Area
Other operating conditions
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central government
Implementation Level
subnational

Timeline of events

01 Sep 2021
in force

Implementation of Virtual Currency Bill including virtual currencies in Uniform Commercial Code

The Virtual Currency Bill is implemented and will amend the Texas Uniform Commercial Code to include virtual currencies. The amendment will include a definition of "virtual currency" and will ensure that the application of essential business laws ex…

Source
Event type law
Action type implementation
Government branch executive
Government body central government
15 Jun 2021
adopted

Signing of Virtual Currency Bill including virtual currencies in Uniform Commercial Code

The Governor of Texas signed the House Bill 4474 (Virtual Currency Bill) on June 15, 2021. The Virtual Currency Bill amends the Texas Uniform Commercial Code to include virtual currencies and will be put in effect on September 1, 2021. The amendment…

Source
Event type law
Action type signing
Government branch executive
Government body central government
31 May 2021
adopted

Adoption of Virtual Currency Bill including virtual currencies in Uniform Commercial Code

The Texas Senate passed the House Bill 4474 (Virtual Currency Bill) on May 31, 2021. The Virtual Currency Bill amends the Texas Uniform Commercial Code to include virtual currencies and will be put in effect on September 1, 2021. The amendment inclu…

Source
Event type law
Action type signing
Government branch executive
Government body central government
11 May 2021
under deliberation

Passage of Virtual Currency Bill including virtual currencies in Uniform Commercial Code

The Texas House passed House Bill 4474 (Virtual Currency Bill) on May 11, 2021. The Virtual Currency Bill amends the Texas Uniform Commercial Code to include virtual currencies and will be put in effect on September 1, 2021. The amendment includes a…

Source
Event type law
Action type passage
Government branch executive
Government body central government
11 Mar 2021
under deliberation

Introduction of Virtual Currency Bill into Texas House including virtual currencies in Uniform Commercial Code

House Bill 4474 (Virtual Currency Bill) was introduced into the Texas House on 12 March 2021. The Virtual Currency Bill amends the Texas Uniform Commercial Code to include virtual currencies and will be put in effect on September 1, 2021. The amendm…

Source
Event type law
Action type introduction
Government branch executive
Government body central government