VIRTUAL CURRENCY KIOSK FRAUD PREVENTION ACT – Adds to existing law to establish the Virtual Currency Kiosk Fraud Prevention Act.
Returned from Governor vetoed on 04/28/26
Summary
The Virtual Currency Kiosk Fraud Prevention Act adds new rules that make anyone operating a virtual‑currency kiosk a licensed money transmitter and obligates them to file regular reports, keep detailed transaction records, and provide clear customer‑service contacts. It also sets disclosure, receipt, refund, and anti‑fraud requirements aimed at protecting users, especially vulnerable older adults. The bill was vetoed by the governor on April 28, 2026.
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