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HB 441

AN ACT TO AMEND TITLE 6 OF THE DELAWARE CODE RELATING TO CRYPTOCURRENCY KIOSKS.

153rd General Assembly (2025-2026) Introduced by Darius Brown and 8 co-sponsors

Delaware would regulate cryptocurrency kiosks through licensing, consumer protections, and AML/KYC requirements to govern operation and protect users.

Assigned to Banking, Business, Insurance & Technology Committee in Senate
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WeVote Research Nonpartisan
Bill Summary · HB 441

bill overview

HB 441 of the 153th Delaware General Assembly is an act to amend Title 6 of the Delaware Code to address cryptocurrency kiosks. The bill was introduced on May 21, 2026 and assigned to the Economic Development/Banking/Insurance & Commerce Committee in the House. The sponsors include Rep. Dave Wilson and Rep. Cyndie Romer (co-sponsors).

purpose and intent

  • Establish regulatory provisions related to cryptocurrency kiosks operating within Delaware.
  • Create a framework intended to govern the operation, supervision, and consumer protections for these kiosks as part of the state’s financial services landscape.
  • Align Delaware law with evolving uses of digital currencies and automated kiosks that facilitate crypto transactions.

key provisions and changes (as stated in summary)

Note: The exact text of provisions is not provided in your brief. The following outlines are common elements typically addressed in such amendments. If the bill includes different specifics, please share the text for precise detailing.

  • Definitions: Likely amendments to define “cryptocurrency kiosk” and related terms (e.g., cryptocurrency, digital assets, automated teller-like kiosk, licensed entity, consumer).
  • Licensing and regulatory authority: May authorize or require a state regulatory body (e.g., Division of Banking or equivalent) to license operators of cryptocurrency kiosks, set eligibility criteria, and prescribe ongoing compliance obligations.
  • Consumer protections: Possible requirements for disclosures, transaction limits, fee disclosures, recordkeeping, privacy protections, and anti-fraud provisions to protect users.
  • Financial crime compliance: Provisions addressing anti-money laundering (AML), know-your-customer (KYC) procedures, reporting suspicious activity, and cooperation with law enforcement.
  • Operational standards: Rules on kiosk placement, hours of operation, maintenance, security measures (e.g., safeguards against theft or tampering), and incident reporting.
  • Financial and consumer dispute resolution: Mechanisms for handling complaints, refunds, and dispute resolution related to kiosk transactions.
  • Penalties and enforcement: Sanctions for noncompliance, including fines, license suspension or revocation, and potential civil or criminal penalties.
  • Relation to existing law: Amendments to existing titles or cross-references to ensure coherence with Delaware’s banking, financial services, consumer protection, and commodities or digital asset regulations.

who would be affected

  • Operators and owners of cryptocurrency kiosks within Delaware, who would likely need to obtain licenses and comply with regulatory requirements.
  • Financial service providers and technology firms that support or deploy such kiosks.
  • Consumers using cryptocurrency kiosks for buying, selling, or exchanging digital assets.
  • Compliance professionals and law firms advising crypto kiosk operators.
  • State regulators overseeing licensing, supervision, and enforcement.

procedural and timeline aspects

  • Introduction and assignment to committee occurred on May 21, 2026.
  • The bill would move through the House committee (Economic Development/Banking/Insurance & Commerce) for hearings, potential amendments, and vote, followed by consideration in the full House and potential passage to the Senate, subject to legislative timelines and negotiations.
  • Final enactment would require approval by both chambers and signing by the Governor, with any effective date determined in the bill.

potential impact and considerations

  • Consumer protection: A formal regulatory framework could enhance safety, transparency, and recourse for users of crypto kiosks.
  • Market clarity: Operators would gain clear licensing requirements, potentially leveling the playing field and deterring non-compliant activities.
  • Compliance burden: Regulatory and AML/KYC obligations may increase costs and complexity for kiosk operators.
  • Innovation and access: Delaware could attract legitimate crypto-service providers while balancing oversight with business-friendly processes.

If you can provide the bill’s actual text or specific sections, I can produce a more precise section-by-section summary with exact provisions, definitions, and compliance requirements.

Compiled from official sources — confirm details with the bill’s official record.

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