Virtual Currency Kiosk Consumer Prot. Act.

What it does: On the version voted Jun 30, 2026: Requires cryptocurrency kiosk operators to be licensed and supervised by the state banking commissioner, caps daily transactions at $2,000 for new and $5,000 for existing customers, limits fees to 12%, and requires fraud warnings and refunds for some scam victims. (AI-written summary of the bill; the official record shows the exact version voted)

Question before the chamber: A1 Longest Second Reading

Amends the bill to lower the daily virtual currency kiosk transaction limit for new customers from $2,000 to $1,500 and the cap on total fees and spread from 14% to 5% of the transaction. (AI-written)

Read the official record ↗