Rhode Island · 2026 Regular Session · Bill
SB 2648: AN ACT RELATING TO FINANCIAL INSTITUTIONS -- CURRENCY TRANSMISSIONS
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 2648 is a bill introduced in the Rhode Island Senate on February 27, 2026. According to its official title, it concerns: AN ACT RELATING TO FINANCIAL INSTITUTIONS -- CURRENCY TRANSMISSIONS. Primary sponsor: Meghan Kallman (Democratic), David Tikoian (Democratic), Sam Bell (Democratic), Bob Britto (Democratic), Victoria Gu (Democratic). Most recent recorded action (April 14, 2026): 04/14/2026 Committee recommended measure be held for further study.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Expands the definition of operator to anyone who enables customers to purchase virtual currency. Expands the definition of a transaction to include a digital product or application where payment is made in person or through a third party intermediary.
Sponsors
Sponsors by party (alphabetical): Democratic 5
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Meghan Kallman | Primary sponsor | Democratic | Senate | 15 |
| David Tikoian | Primary sponsor | Democratic | Senate | 22 |
| Sam Bell | Primary sponsor | Democratic | Senate | 5 |
| Bob Britto | Primary sponsor | Democratic | Senate | 18 |
| Victoria Gu | Primary sponsor | Democratic | Senate | 38 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- 04/14/2026 Committee recommended measure be held for further study
- 04/10/2026 Scheduled for hearing and/or consideration (04/14/2026)
- 02/27/2026 Introduced, referred to Senate Commerce