Virtual Currency Kiosks

Summary

The bill creates a new licensing framework for businesses that run virtual‑currency kiosks, requiring them to register with the Office of Financial Regulation, renew annually, and meet reporting requirements. It also limits how much a customer can transact each day, mandates disclosures, receipts and refunds, and extends penalties to unregistered operators. The changes aim to increase consumer protection and oversight of virtual‑currency exchanges.

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

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