Cryptocurrency kiosk; license; fraud prevention
Relative to preventing fraud and establishing regulations on certain virtual currencies
Relative to preventing fraud and establishing regulations on certain virtual currencies
Establishing regulations on certain virtual currencies for fraud prevention
Establishes regulation by DBR over the practices and procedures of virtual currency kiosk operators to prevent fraud related to the use of virtual currency kiosks, by establishing daily transaction limits and the regulating of fees.
Creates a process for licensure and oversight by DBR over the practices and procedures of virtual currency kiosk operators to prevent fraud related to the use of virtual currency kiosks, by establishing daily transaction limits and the regulating of fees.
A bill for an act relating to digital financial asset transaction kiosks and including penalties, and effective date and applicability provisions. (Formerly SSB 1142.)