TexasTexasLawSB 1498
Civil asset forfeiture of digital currency
Sets procedures for civil asset forfeiture of digital currency and similar property.
Took effectSep 1, 2025 1 year ago
- Body
- Texas Legislature
- Session
- 2025
- Introduced
- Feb 20, 2025
- In effect since
- Sep 1, 20251 year ago
- Votes
- Senate 26-5, House 74-65
- Sponsors
- Bipartisan
- Topics
- Crypto
Timeline
Sep 1, 2025 1 year ago
Jun 20, 2025 1 year ago
May 23, 2025 1 year ago
Apr 1, 2025 1 year ago
Feb 20, 2025 1 year ago
Sponsors
- R (Republican)Robert Nichols
- D (Democrat)Mary Ann Perez
Related
Texas Strategic Bitcoin Reserve and Investment Act
Creates the Texas Strategic Bitcoin Reserve, managed by the comptroller outside the state treasury, to invest in bitcoin and other qualifying cryptocurrency.
Virtual currency kiosk regulation
Would have regulated virtual currency kiosks, with administrative penalties.
Virtual currency kiosk disclosures
Would have required disclosures and other consumer protections for virtual currency kiosk transactions.
Digital asset service provider commingling
Bars digital asset service providers from commingling customer funds with company funds and requires them to make customer holdings information available to customers and auditors and to report annually, with administrative penalties.
Registration of crypto mining large loads
Requires virtual currency mining facilities in the ERCOT region with more than 75 megawatts of interruptible load to register with the Public Utility Commission as large flexible loads.
Digital Asset Market Clarity Act
Would set a regulatory framework for digital asset markets, giving the CFTC primary oversight of digital commodities and defining the SEC's role.
Change log
- AddedAdded to the list. Set by hand from the official record.Sep 27
Summaries of public legislative records, executive actions and court rulings, for reference, not legal advice. Check the official page linked on each item. First seen 2026-09-27. Checked against the official source.