Signed into LawFiled Jan 20, 2026
Sponsor: Kolbeck (Steve)
Latest Action
Signed by the Governor on 2026-03-11
Mar 12, 2026
Summary
SB 98 mandates that any business operating a virtual‑currency kiosk in South Dakota be licensed and subject to extensive reporting, disclosure, and refund requirements. It sets transaction limits, caps fees, and obligates kiosks to verify user identity and provide clear fraud warnings. The goal is to protect users from scams and improve oversight of digital‑currency transactions.
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