← Colorado · All 50 states · Delaware →
Task force or study body Confirmed
Connecticut Blockchain Working Group · Concluded
- Created by: Special Act 18-8 (Substitute Senate Bill 443), 'An Act Establishing the Connecticut Blockchain Working Group', approved June 6, 2018
- Organized by: General Assembly; members appointed by the chairs and ranking members of the Commerce Committee (Sens. L. Scott Frantz and Joan Hartley, Reps. Caroline Simmons and Dave Yaccarino listed as appointing authorities)
- Led by: Chair selected jointly by the Commerce Committee chairs and ranking member; chair not named in the sources we opened (membership list date 2018). Ex officio member: Catherine Smith, Commissioner of Economic and Community Development.
- Members: 12 listed on the Working Group membership page, including Spencer Curry (TrifectaEcosystems), Margaret Feeney (NatWest Markets), Stephen Erlich (Crypto Trading Technologies), Kevin Hart (Green Check Verified), Prof. Phillip Bradford (UConn Engineering), Prof. David Noble (UConn School of Business).
- Outputs and timeline: Report on findings and recommendations due to the commerce, banking and finance, and revenue and bonding committees by Jan. 1, 2019; the group terminated on submission or Jan. 1, 2019, whichever was later. Meeting minutes on cga.ct.gov (June 28, Sept. 27 and Nov. 14, 2018 listed in search results). We did not locate or open the final report itself.
Sources: Special Act 18-8 (SB 443) text, Working Group membership (PDF), Working Group minutes, Nov. 14, 2018 (PDF, seen in search results)
No current Connecticut crypto task force found in searches. Final report not located.
Bitcoin or digital asset reserve law Reported
Connecticut has no state crypto reserve; instead H.B. 7082 (Public Act 25-66), passed unanimously by the General Assembly around June 10, 2025 and reported signed June 30, 2025, prohibits the state and its political subdivisions from purchasing/holding/reserving virtual currency or accepting it as payment (as reported by The Block, Decrypt and CryptoSlate). Primary text of the Public Act could not be fetched (cga.ct.gov blocked automated fetch).
Sources: The Block: Connecticut enacts law banning state crypto reserves, investments (June 2025), Decrypt: Connecticut flips state bitcoin reserve trend, CryptoSlate: Connecticut virtual currency money transmission regime
Licensing Reported
Connecticut regulates virtual currency businesses under its Money Transmission Act (Conn. Gen. Stat. 36a-595 et seq.), administered by the Department of Banking; PA 15-53 extended it to virtual currency, PA 24-146 brought kiosks under licensing, and PA 25-66 (effective Oct. 1, 2025) added custody, disclosure and minor-user provisions plus surety-bond requirements. Per CryptoSlate summaries (secondary).
Sources: CryptoSlate: Connecticut virtual currency money transmission regime
Crypto kiosks (ATMs) Reported
Conn. Gen. Stat. 36a-613 regulates virtual currency kiosks: fees capped at 15% of transaction, daily limits of $2,000 (new customers) and $5,000 (existing), fraud refunds for qualifying new-customer transactions, risk disclosures and receipts, ID collection, blockchain analytics screening, live support, and calls to new customers over 60. Reported enactment history: P.A. 23-82 (June 2023), P.A. 24-146 (2024), P.A. 25-66 (2025, effective Oct. 1, 2025). Sources differ on which act first brought kiosks under licensing (CryptoSlate pages say 2023 vs. 2024), so the exact year of first enactment is Unclear; secondary sources only.
Sources: CryptoSlate: Connecticut digital currency kiosk consumer protection regime, Orrick: Connecticut establishes rules for virtual currency kiosks (July 2023, seen in search results)
Other 2025 to 2026 actions
- 2026-03-09: Department of Banking summarily suspended the money transmission license of a kiosk operator (order filename identifies Bitcoin Depot Operating LLC), issued a temporary cease-and-desist, ordered restitution/disgorgement, and set a hearing for May 13 (2026); outcome of the hearing not checked. Reported by Orrick.
- 2025-06: H.B. 7082 / P.A. 25-66 also requires risk disclosures by crypto money transmitters and guardian verification for users under 18 (per The Block).
Sources: Orrick InfoBytes (Mar. 27, 2026), The Block
Source notes: Working Group concluded ~Jan. 2019; chair never identified in our sources; final report not located. PA 25-66 and kiosk-act details rest on secondary sources because cga.ct.gov blocked automated fetch of the Public Act PDFs. Whether the May 13, 2026 hearing on the Bitcoin Depot matter concluded was not checked (Georgia DBF separately reports Bitcoin Depot filed Chapter 11 about May 18, 2026).
Frequently asked
Does Connecticut have a crypto or blockchain task force?
Connecticut has had 1 such body: Connecticut Blockchain Working Group (concluded). Our confidence in this entry is Confirmed. The entry above lists who created it, who organized and leads it, and where the public records are.
Does Connecticut have a bitcoin or digital asset reserve law?
Our research shows the status as none found (confidence: Reported). Connecticut has no state crypto reserve; instead H.B. 7082 (Public Act 25-66), passed unanimously by the General Assembly around June 10, 2025 and reported signed June 30, 2025, prohibits the state and its political subdivisions from purchasing/holding/reserving virtual currency or accepting it as payment (as reported by The Block, Decrypt and CryptoSlate). Primary text of the Public Act could not be fetched (cga.ct.gov blocked automated fetch).
Does Connecticut regulate crypto kiosks (ATMs)?
Our research shows law (confidence: Reported). Conn. Gen. Stat. 36a-613 regulates virtual currency kiosks: fees capped at 15% of transaction, daily limits of $2,000 (new customers) and $5,000 (existing), fraud refunds for qualifying new-customer transactions, risk disclosures and receipts, ID collection, blockchain analytics screening, live support, and calls to new customers over 60. Reported enactment history: P.A. 23-82 (June 2023), P.A. 24-146 (2024), P.A. 25-66 (2025, effective Oct. 1, 2025). Sources differ on which act first brought kiosks under licensing (CryptoSlate pages say 2023 vs. 2024), so the exact year of first enactment is Unclear; secondary sources only.
This page is part of our 50-state crypto legislation and task force tracker. Each entry is labeled Confirmed, Reported, Unclear or None found; see the tracker for how we research it.