Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
SB 1941 modifies reporting requirements for digital asset service providers. It requires them to file an annual report with the Texas Department of Banking, including attestations of outstanding liabilities, evidence of customer assets, and third-party verification by a certified public accounting firm to confirm that assets in custody match liabilities. The bill eliminates certain previous reporting requirements related to provider plans​.
Author (1)
Tan Parker
Contact the Author
Sen. Tan Parker
Capitol Phone:
(512) 463-0112
Capitol Office:
EXT E1.608
E-Mail:
