Relates to crypto kiosks

Summary

The bill adds a new article to the Banking Law that forces operators of crypto kiosks and cashier crypto exchanges to be licensed by the state and to give clear, written disclosures to users. It defines key terms, sets rules for transaction limits, fraud refunds, and anti‑money‑laundering checks, and outlines penalties for violations. The goal is to protect New York consumers who buy or sell virtual currency at these machines.

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

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