← Oregon · All 50 states · Rhode Island →
Task force or study body None found
No digital assets, blockchain or crypto task force, commission or study committee found. We searched: Searched Pennsylvania General Assembly, Treasury (Stacy Garrity), Department of Banking and Securities and news for digital asset / crypto / blockchain task force, working group, commission.
Proposals only: HB 1724 (2021, 'Digital Currency Task Force Act', 13 unpaid members) was referred to the House Commerce Committee with no reported further action; Senate President Jake Corman announced in May 2022 plans for a crypto task force including Treasurer Garrity, but no bill or enactment was found. A House Democratic Policy Committee hearing on digital currency (reported July 21, 2021) was a hearing, not a standing body. The Pennsylvania Blockchain Coalition is an industry group, not a state body. A June 2026 Treasury release on crypto-funded 529/ABLE gift cards mentions no task force.
Sources: Cointelegraph on HB 1724 (secondary), City & State PA on Corman proposal, May 2022 (secondary), PA Treasury release (opened)
Bitcoin or digital asset reserve law Unclear
2023-24 session: HB 2664 (Reps. Cabell and Kaufer) would have let the Treasurer invest up to 10% of certain funds in bitcoin/digital assets; it was referred to House Finance on Nov. 19, 2024 and expired with the session. 2025-26 session: Rep. Robert Leadbeter circulated a co-sponsorship memo on Feb. 24, 2025 for a 'Strategic Bitcoin Reserve Act of 2025' (up to 5% of reserve funds); no bill number or introduction/committee action was found.
Sources: PA General Assembly: HB 2664 (2023-24), Leadbeter co-sponsorship memo, Feb. 24, 2025, CryptoSlate: HB 2664 expired (secondary)
Licensing Confirmed
SB 202 (Act 7 of 2025), signed June 27, 2025, places virtual currency transmission under the Money Transmitter Act, so businesses transmitting virtual currency for a fee need a license from the Department of Banking and Securities; it takes effect 60 days after signing (about Aug. 26, 2025, by calculation). Sheppard Mullin reports a self-custody exemption and a carve-out for most loyalty/in-game tokens.
Sources: DoBS announcement, Sheppard Mullin summary
Crypto kiosks (ATMs) Reported
No kiosk-specific law found. SB 1015 (Sen. Tracy Pennycuick) would require kiosk anti-fraud warnings, exploitation safeguards, 24/7 customer support and a money transmitter license; Senate Communications and Technology and Banking and Insurance Committees held a joint hearing on April 8, 2026. Two other Senate kiosk bills (transaction receipts; consumer protection officer) were reported as introduced Sept. 17, 2025, but bill numbers were not confirmed. Licensing under Act 7 may reach operators.
Sources: Sen. Pennycuick hearing page, Route Fifty on SB 1015 hearing, WITF, Apr. 9, 2026, Bitcoin Depot written testimony on SB 1015, Apr. 7, 2026, Receipts bill listing, Sept. 17, 2025, Consumer protection officer bill listing, Sept. 17, 2025
Industry groups (non-governmental)
- Pennsylvania Blockchain Coalition (NABA member): Industry group listed as a founding NABA member.
Sources: NABA founding members (relayed report of the January 2025 launch)
Other 2025 to 2026 actions
- 2025-06-27: SB 202 / Act 7 of 2025 brings virtual currency transmitters under the Money Transmitter Act (see licensing).
- 2026-06 (release date given only as 'today'; URL path 2026/06-11): Treasurer Stacy Garrity announced PA 529 and PA ABLE savers can contribute via digital gift cards bought with cryptocurrency (Gift of College / Bead), described as a first for a state-run education savings program.
- 2026-04-08: Joint Senate committee hearing on SB 1015 and virtual currency kiosk consumer protections; witnesses included a Senior Deputy Attorney General from the Bureau of Consumer Protection, Bitcoin Depot, CoinFlip and AARP.
Sources: DoBS announcement, PA Treasury release, Sen. Pennycuick hearing page
Source notes: Reserve status for 2025-26 is unresolved: no bill number found for the Leadbeter proposal. Treasury release lacks an explicit date. HB 2481 (Digital Assets Authorization Act) passed the House Oct. 2024 but is 2023-24 session and not carried forward. Kiosk bill numbers beyond SB 1015 unconfirmed; later SB 1015 action after April 2026 not checked. Act 7 effective date is calculated, not stated.
Frequently asked
Does Pennsylvania have a crypto or blockchain task force?
We did not find one in Pennsylvania (confidence: None found). A "none found" result is not proof that no body exists, because small study groups are often poorly documented online.
Does Pennsylvania have a bitcoin or digital asset reserve law?
Our research shows the status as unclear (confidence: Unclear). 2023-24 session: HB 2664 (Reps. Cabell and Kaufer) would have let the Treasurer invest up to 10% of certain funds in bitcoin/digital assets; it was referred to House Finance on Nov. 19, 2024 and expired with the session. 2025-26 session: Rep. Robert Leadbeter circulated a co-sponsorship memo on Feb. 24, 2025 for a 'Strategic Bitcoin Reserve Act of 2025' (up to 5% of reserve funds); no bill number or introduction/committee action was found.
Does Pennsylvania regulate crypto kiosks (ATMs)?
Our research shows bill only (confidence: Reported). No kiosk-specific law found. SB 1015 (Sen. Tracy Pennycuick) would require kiosk anti-fraud warnings, exploitation safeguards, 24/7 customer support and a money transmitter license; Senate Communications and Technology and Banking and Insurance Committees held a joint hearing on April 8, 2026. Two other Senate kiosk bills (transaction receipts; consumer protection officer) were reported as introduced Sept. 17, 2025, but bill numbers were not confirmed. Licensing under Act 7 may reach operators.
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.