Panel supports technical cleanup to digital‑asset licensing and reporting rules
House Bill 42,33 would modernize the regulatory framework for digital asset service providers, remove duplicative auditor access requirements, and realign licensing sections in the finance code; the sponsor said changes came from consultations with the banking commissioner and industry stakeholders.
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Senator Parker presented House Bill 42,33 to the committee as a technical cleanup and modernization of Texas’ framework for digital asset service providers. The measure realigns licensing references under the Finance Code, removes an auditor‑access requirement for anonymous customer data, and repeals dated or duplicative reporting provisions cited by the banking commissioner.
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