SB 980·MI·senate
Consumer protection: other; cryptocurrency kiosks; prohibit the installation and operation of. Creates new act.
In CommitteeFiled May 19, 2026
Sponsor: Jeff Irwin
Latest Action
REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION
May 19, 2026
Summary
The bill makes it illegal for any person to install, operate, or allow a cryptocurrency kiosk on property they own, lease, or control. Violations are treated as civil infractions with fines ranging from $2,000 to $10,000. It is intended to protect consumers from potential fraud linked to crypto kiosks.
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