An Act relating to virtual currency kiosks; relating to transactions involving virtual currency; and relating to unfair trade or deceptive acts or practices.

Summary

The bill adds new rules for any business that runs a virtual‑currency kiosk in the state. Operators must hold a money‑transmission license, register with the Alaska Department of Commerce, and provide extensive disclosures, reporting and customer‑service requirements. The goal is to protect users from fraud, ensure transparency, and give police and regulators access to information.

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