Cryptocurrency; measures to prevent fraud by cryptocurrency kiosk operators imposed, penalties established, Alabama Securities Commission authorized to enforce

Summary

HB 303 establishes new rules to stop fraud by operators of cryptocurrency kiosks. It sets penalties for violations and gives the Alabama Securities Commission authority to enforce the rules. The bill also requires filing a report with law enforcement or the commission when a fraudulent transaction is identified.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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