S 1359·ID·senate
VIRTUAL CURRENCY KIOSK FRAUD PREVENTION ACT – Adds to existing law to establish the Virtual Currency Kiosk Fraud Prevention Act.
VetoedFiled Mar 2, 2026
Sponsor: STATE AFFAIRS COMMITTEE
Latest Action
Returned from Governor vetoed on 04/28/26
Apr 2, 2026
Summary
The bill creates new rules for companies that run virtual‑currency kiosks in Idaho. It forces them to be licensed money transmitters, submit regular reports, give clear fee disclosures, provide customer service and receipts, and follow anti‑fraud limits and refund requirements. The goal is to protect consumers, especially older adults, from scams and money‑laundering.
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