Texas HB4233 amends reporting and auditing requirements for digital asset service providers.
HB4233 amends the Texas Finance Code to require digital asset service providers to create a plan allowing customers to view quarterly accountings of liabilities owed and digital assets held in custody. It also mandates that auditors can access a pseudonymized version of this information at any time. Additionally, the bill requires digital asset service providers to comply with specific chapter requirements to obtain and maintain a money transmission license. Sections 160.004(d), (e), and (f) are repealed, and the Act takes effect September 1, 2025.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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