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SB 25-079

Colorado Vending of Digital Assets Act

2025 Regular Session Introduced by Jennifer Bacon and 12 co-sponsors

Colorado licenses digital-asset vending operators, enforces consumer protections and AML/KYC rules to regulate crypto kiosks and in-state services.

Governor Signed
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WeVote Research Nonpartisan
Bill Summary · SB 25-079

Summary — SB 25-079: Colorado Vending of Digital Assets Act

Status: Governor signed (June 2, 2025)
Introduced: January 23, 2025 (Senate)
Classification: Bill

Note: The official bill text was not provided. The summary below reports the bill’s procedural history and sponsorship and describes the bill’s apparent purpose based on its title. Where the bill text is not available, I identify the types of provisions that bills with this title typically contain and which readers should expect to review in the enacted statute.

Purpose (as indicated by title)

The Colorado Vending of Digital Assets Act appears intended to create a state regulatory framework governing the vending (sale, dispensing, or automated provision) of digital assets (commonly understood to include cryptocurrencies and tokenized assets) within Colorado. The bill likely addresses licensing, consumer protections, compliance, and oversight of businesses that sell or dispense digital assets through physical or electronic vending points.

Legislative status & key actions

  • Introduced in Senate (Judiciary) — Jan 23, 2025
  • Passed Senate (with amendments) — Feb 28, 2025
  • Transmitted to House; considered, amended in committee and on floor — March–April 2025
  • House concurred with Senate amendments; final legislative approvals — Apr 25–28, 2025
  • Sent to Governor — May 2, 2025
  • Governor signed into law — Jun 2, 2025

Sponsors

Primary sponsors: Jamie Jackson, Janice Rich, Dylan Roberts, Rick Taggart
Cosponsors include: J. Joseph, A. Paschal, C. Kipp, J. Bacon, N. Ricks, S. Lieder, M. Rutinel, N. Hinrichsen, J. Mabrey

Likely/typical key provisions (bill text not provided — check enacted statute for exact language)

Based on the bill title and common legislative practice, SB 25-079 likely includes some or all of the following elements:
- Definitions clarifying “digital asset,” “vending,” “vending machine,” “operator,” and related terms.
- Licensing or registration requirements for persons or businesses vending digital assets (including application, fees, and renewal).
- Consumer-protection rules (disclosures about pricing, transaction fees, exchange rates, and refund/complaint processes).
- Anti-money-laundering (AML) and know-your-customer (KYC) compliance obligations; reporting suspicious activity.
- Recordkeeping and audit requirements for vending operators.
- Civil or administrative enforcement authority for a specified state agency (e.g., Department of Regulatory Agencies, Division of Banking, or Attorney General) and penalties for violations.
- Possible exemptions for certain persons or activities (e.g., banks, licensed money transmitters, or limited-value machines).
- Implementation timeline and effective date provisions.

Who is affected

  • Businesses that sell, dispense, or otherwise “vend” digital assets in Colorado (operators of kiosks, ATMs, online vending platforms that operate in-state).
  • Consumers who purchase digital assets through such vending channels.
  • State regulators who will oversee licensing, compliance, and enforcement.
  • Financial institutions and money transmitters potentially subject to coordination or exemptions.

Implementation & timeline

  • Governor signed: June 2, 2025. The bill’s effective date is not included in the materials provided. Many Colorado bills become effective July 1 following signature unless otherwise specified; consult the enacted bill for the precise effective date and any staged compliance deadlines.

Impact and considerations

  • Establishes regulatory clarity for vending of digital assets, which may increase consumer protections and compliance costs for operators.
  • May encourage market entry by clarifying rules, but could also impose licensing costs and operational requirements.
  • Intersects with federal AML/FinCEN obligations and existing money-transmitter law; coordination or preemption questions may arise.

Next steps / where to read the law

For exact provisions, effective dates, and statutory text, consult the enacted bill and the Colorado General Assembly website or the office of the Secretary of State. If you want, I can retrieve and summarize the final enacted text and list specific statutory sections and requirements.

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

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