An Act amending Title 7 (Banks and Banking) of the Pennsylvania Consolidated Statutes, providing for virtual currency kiosks; imposing requirements on the Department of Banking and Securities; establishing the Virtual Currency Kiosk Public Education Campaign Fund; and imposing penalties.

Summary

The bill updates Pennsylvania’s banking statutes to create rules for virtual currency kiosks. It requires the Department of Banking and Securities to oversee compliance, establishes a fund for public education about these kiosks, and sets penalties for violations. The changes aim to protect consumers as digital currency use grows.

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

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