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Task force or study body Reported
Blockchain / financial technology study working group (S.135, 2016) · Concluded
- Created by: S.135 (2016 session; Act 157 of 2016 per Stanford RegTrax, dated 06/02/2016) directed a study; CoinDesk reports the governor signed on June 8 (year not stated in the article).
- Organized by: Attorney General's Office, Dept. of Financial Regulation and Vermont Law School's Center for Legal Innovation.
- Led by: Not named in sources.
- Members: Representatives of the three bodies above.
- Outputs and timeline: Study findings due Nov. 30; Vermont legislature hosts a 'blockchain-technology-report-final' PDF (unclear whether it is this study's report).
Sources: CoinDesk - Vermont approves blockchain impact study, CoinDesk - Vermont lawmakers eye jobs, tax revenue (S.135), Stanford RegTrax - Vermont, Vermont legislative report PDF (link seen via Civic Tech Field Guide)
Vermont Blockchain Working Group (multi-agency) · Status unclear
- Created by: Announced Dec. 10, 2018 by state agencies (Investing.com/CoinDesk-derived article dated Dec. 11, 2018). No statute or EO cited. CCN's description attributes the announcement to AG T.J. Donovan but its date text is inconsistent.
- Organized by: Attorney General's Office, Dept. of Financial Regulation, Secretary of State, Agency of Commerce and Community Development.
- Led by: Attorney General T.J. Donovan announced it (per CCN; the Investing.com article names no leader). Titles are as of 2018.
- Members: The four agencies plus industry experts; work set to begin January 2019.
- Outputs and timeline: None found. Also noted by RegTrax: DFR informal guidance 'Blockchain: Implications for the Banking and Insurance Industries' (Jan. 15, 2019).
Sources: Investing.com, Dec. 11, 2018, CCN, Stanford RegTrax - Vermont
Both entries are historical (2016-2019) and sourced from secondary coverage.
Bitcoin or digital asset reserve law Reported
H.370 (2025, Rep. William Greer), 'An act relating to cryptocurrency and protecting the public welfare', is tagged by bitcoinlaws.io as a reserve/investment bill; the Vermont legislature page shows it referred to House Commerce and Economic Development on Feb. 26, 2025, with sponsor testimony April 2, 2025 and no later action. 'Failed' is inferred from the lack of action and bitcoinlaws.io's Failed/Dead label; we did not read the bill text.
Sources: Vermont Legislature - H.370, bitcoinlaws.io - Vermont (secondary)
Licensing Reported
CoinDesk reported that Vermont updated its money transmission law to cover digital currencies shortly before the 2016 S.135 study; the article gives no date or citation, and Stanford RegTrax did not list a virtual-currency money transmitter entry. Current DFR treatment was not verified (DFR page unavailable). Separately, Act 205 (S.269, 2018) 'relating to blockchain business development' is listed by RegTrax.
Sources: CoinDesk - Vermont lawmakers eye jobs (mentions money transmission update), Stanford RegTrax - Vermont
Crypto kiosks (ATMs) Confirmed
No Vermont kiosk law found. S.129 (2025, Sen. Ann Cummings), regulating virtual-currency kiosk operators, was read first on March 20, 2025 and referred to Senate Finance, which heard from DFR, CoinFlip and AARP Vermont on April 1, 2025; no further action is recorded. A 2026 kiosk measure was not searched for.
Sources: Vermont Legislature - S.129, bitcoinlaws.io - Vermont (secondary)
Other 2025 to 2026 actions
- 2018-05-04: Act 205 (S.269, 2018), 'relating to blockchain business development', listed as existing law by Stanford RegTrax; H.765 (2018), a broader blockchain/crypto/fintech bill, was only introduced and referred to committee.
Sources: Stanford RegTrax - Vermont, Vermont Legislature - H.765
Source notes: This item had not received a full follow-up search at the time of review. Task force sources are 2016-2019 secondary coverage; CCN date text conflicts with Investing.com's Dec. 2018 date. 'Failed' reserve status inferred from stalled legislature pages.
Frequently asked
Does Vermont have a crypto or blockchain task force?
Vermont has had 2 such bodies: Blockchain / financial technology study working group (concluded); Vermont Blockchain Working Group (status unclear). Our confidence in this entry is Reported. The entry above lists who created it, who organized and leads it, and where the public records are.
Does Vermont have a bitcoin or digital asset reserve law?
Our research shows the status as failed (confidence: Reported). H.370 (2025, Rep. William Greer), 'An act relating to cryptocurrency and protecting the public welfare', is tagged by bitcoinlaws.io as a reserve/investment bill; the Vermont legislature page shows it referred to House Commerce and Economic Development on Feb. 26, 2025, with sponsor testimony April 2, 2025 and no later action. 'Failed' is inferred from the lack of action and bitcoinlaws.io's Failed/Dead label; we did not read the bill text.
Does Vermont regulate crypto kiosks (ATMs)?
Our research shows none found (confidence: Confirmed). No Vermont kiosk law found. S.129 (2025, Sen. Ann Cummings), regulating virtual-currency kiosk operators, was read first on March 20, 2025 and referred to Senate Finance, which heard from DFR, CoinFlip and AARP Vermont on April 1, 2025; no further action is recorded. A 2026 kiosk measure was not searched for.
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.