New York A 10899: Relates to establishing community broadband districts

Bill Text

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A10899 Summary:

BILL NOA10899C

&nbsp

SAME ASSAME AS S09891-B

&nbsp

SPONSORVanel

&nbsp

COSPNSRSeawright, Reyes, Buttenschon, Griffin, Cook, Burdick, Colton, Hyndman, Kassay, Santabarbara, Simon

&nbsp

MLTSPNSR

&nbsp

Add Art 2-AAA §§76-a - 76-n, Bank L

&nbsp

Provides for the registration and regulation of crypto kiosks and exchanges and licensing of cashier crypto exchange operators.

Go to top A10899 Actions:

BILL NOA10899C

&nbsp

04/08/2026referred to banks

05/15/2026amend and recommit to banks

05/15/2026print number 10899a

05/15/2026amend and recommit to banks

05/15/2026print number 10899b

05/18/2026reported referred to codes

05/28/2026reported referred to rules

05/29/2026amend and recommit to rules 10899c

Go to topA10899 Committee&nbspVotes:

Committee:BANKS Chair:Vanel 
DATE:05/18/2026AYE/NAY:24/0 Action: Favorable refer to committee Codes VanelAyeBolognaAye

WeprinAyeMikulinExcused

DavilaAyeSmullenAye

SternAyeFitzpatrickAye

SayeghExcusedLemondesAye

BurkeAyeDiPietroExcused

MitaynesAyeChangAye

SeptimoExcusedChludzinskiAye

TapiaAyeMolitorAye

De Los SantosAye

CunninghamAye

LeeExcused

RagaExcused

BurdickAye

DaisAye

JacksonAye

TorresAye

HooksAye

WiederAye

WrightExcused

YegerAye

Chandler-WatermAye

Committee:CODES Chair:Dinowitz 
DATE:05/28/2026AYE/NAY:18/0 Action: Favorable refer to committee Rules DinowitzAyeMorinelloAye

CookExcusedReillyAye

LavineAyeMikulinExcused

WeprinAyeTannousisAye

HevesiAyeAngelinoAye

SeawrightAyeMolitorAye

RosenthalAye

WalkerAye

VanelAbsent

CruzAye

BoresExcused

ReyesAye

CunninghamAye

RomeroAye

AlvarezAye

TaylorAye

Go to topA10899 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topA10899 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 10899--C

 IN ASSEMBLY

 April 8, 2026
 ___________

 Introduced by M. of A. VANEL, SEAWRIGHT, REYES, BUTTENSCHON, GRIFFIN,
 COOK, BURDICK, COLTON, HYNDMAN, KASSAY, SANTABARBARA -- read once and
 referred to the Committee on Banks -- committee discharged, bill
 amended, ordered reprinted as amended and recommitted to said commit-
 tee -- committee discharged, bill amended, ordered reprinted as
 amended and recommitted to said committee -- reported and referred to
 the Committee on Codes -- reported and referred to the Committee on
 Rules -- Rules Committee discharged, bill amended, ordered reprinted
 as amended and recommitted to the Committee on Rules

 AN ACT to amend the banking law, in relation to crypto kiosks

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. The banking law is amended by adding a new article 2-AAA to
 2 read as follows:
 3 ARTICLE 2-AAA
 4 CRYPTO KIOSKS
 5 Section 76-a. Definitions.
 6 76-b. Crypto kiosk and cashier crypto exchange operator licens-
 7 ing.
 8 76-c. Disclosures for crypto kiosks and cashier crypto
 9 exchanges.
 10 76-d. Disclosures required prior to completing a transaction.
 11 76-e. Transaction receipt.
 12 76-f. Customer service.
 13 76-g. Crypto kiosk transaction hold periods.
 14 76-h. Fraud refunds related to crypto kiosks and cashier crypto
 15 exchanges.
 16 76-i. Cashier crypto transmission restrictions.
 17 76-j. Crypto kiosk or cashier crypto fees.
 18 76-k. Fraud and anti-money laundering.
 19 76-l. Blockchain analytics.
 20 76-m. Transaction limits and protections.
 21 76-n. Legal and beneficial ownership; penalties.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD15416-06-6

 A. 10899--C 2

 1 § 76-a. Definitions. As used in this article, the following terms
 2 shall have the following meanings:
 3 1. "Virtual currency business activity" shall mean the conduct of any
 4 one of the following types of activities involving New York or a New
 5 York resident:
 6 (a) receiving virtual currency for transmission or transmitting virtu-
 7 al currency, except where the transaction is undertaken for non-finan-
 8 cial purposes and does not involve the transfer of more than a nominal
 9 amount of virtual currency;
 10 (b) storing, holding, or maintaining custody or control of virtual
 11 currency on behalf of others;
 12 (c) buying and selling virtual currency as a customer business;
 1