AN ACT relating to the regulation of digital asset business.
to Committee on Committees (S)
Summary
The bill amends the existing Money Transmitters and Virtual Currency Kiosk Operators Act to add detailed definitions for terms such as affiliate, control, and virtual currency. It applies to businesses that run virtual‑currency kiosks and the individuals who manage or own them. By clarifying these terms, the legislation aims to provide a clearer regulatory framework for the emerging digital‑asset industry in Kentucky.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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