To bring virtual currency kiosks within the purview of money transmission licensure and create disclosure requirements and daily transaction limitations for new and existing customers.

Summary

The bill makes operators of virtual‑currency kiosks subject to West Virginia’s money‑transmission licensing rules. It forces them to give customers clear notices, keep transaction receipts, set daily limits, and provide refunds for fraudulent trades. The goal is to protect users and give regulators clearer oversight.

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

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