prevent virtual currency kiosk fraud.

Summary

The bill makes it mandatory for anyone operating a virtual‑currency kiosk in South Dakota to obtain a state license and to submit regular reports on transactions, complaints and refunds. It also forces kiosk owners to give users clear receipts and written warnings about the risks and fraud tactics associated with virtual‑currency transactions. The goal is to protect consumers and give regulators better oversight of this emerging market.

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

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