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HB 1625·MS·house

Virtual currency kiosks; require licensure in accordance with Money Transmission Modernization Act.

Signed into LawFiled Jan 19, 2026
Sponsor: Aguirre
Latest Action

Approved by Governor

Apr 8, 2026

Summary

The law makes it illegal to run a virtual‑currency kiosk without a money‑transmitter license. It forces kiosk owners to give clear warnings, receipts, transaction limits and fraud‑prevention steps to protect customers, especially new and elderly users. The goal is to reduce scams and losses in the growing crypto market.

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

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