Virtual currency and crypto kiosks laws by state

HB 303: Cryptocurrency; measures to prevent fraud by cryptocurrency kiosk operators imposed, penalties established, Alabama Securities Commission authorized to enforce

HB 259: Stablecoin; license required for issuance or sale of stablecoins, Alabama Securities Commission to enforce and authorize, penalties provided

No person may issue a payment stablecoin in Alabama unless licensed as a permitted payment stablecoin issuer. Beginning July 18, 2028, digital asset service providers may not offer or sell payment stablecoins unless issued by permitted issuers. The Alabama Securities Commission processes applications and licenses qualified issuers.

Took effect 1 October 2026

SB 249: An Act relating to virtual currency kiosks; relating to transactions involving virtual currency; relating to unfair trade or deceptive acts or practices; and providing for an effective date.

Virtual currency kiosk operators must hold a money transmission license and register with the department before locating a kiosk in Alaska. Operators must verify user identity, disclose terms and fraud warnings, maintain anti-fraud policies, use blockchain analytics, issue refunds for fraud within 72 hours, limit daily transactions to $1,000 and monthly to $10,000, cap fees at three percent, and provide live customer service.

HB 2387: cryptocurrency kiosk; license; fraud prevention

Cryptocurrency kiosk operators must disclose all relevant terms and conditions in the customer's chosen language and obtain acknowledgment. Operators must provide two separate fraud warnings before each transaction and a detailed receipt after. Operators must use blockchain analytics software to prevent fraud, maintain written anti-fraud policies, comply with federal KYC and AML laws, limit new customers to $2,000 daily and existing customers to $10,500 daily, provide 24/7 customer service, and issue full refunds for fraudulently induced transactions if the customer meets specified conditions within thirty days.

AB 1180: Department of Financial Protection and Innovation: state payments.

The Department of Financial Protection and Innovation, in consultation with the Treasurer and the Controller, shall adopt regulations to allow payments required under the Digital Financial Assets Law to be made with stablecoins issued by licensees and redeemable directly from the issuer, except for payments related to enforcement measures or those conflicting with specified Government Code provisions.

Takes effect 1 January 2027

SB 1208: Money laundering: digital assets.

Law enforcement officers or prosecuting agencies may obtain search warrants to seize digital financial assets upon probable cause that they contain proceeds of crime, are traceable to crime, or facilitate crime. Prosecuting agencies must initiate forfeiture proceedings within 180 days of seizure and distribute seized assets to crime victims on a pro rata basis up to their actual losses.

Takes effect 1 January 2027

SB 97: Digital financial assets: stablecoins.

Covered persons must obtain a license from the Department of Financial Protection and Innovation before engaging in digital financial asset business activity with California residents, effective July 1, 2026. Covered exchanges must certify compliance with risk assessment and disclosure requirements before listing digital financial assets. Licensees must maintain security, anti-fraud, and anti-money laundering policies.

SB 25-079: Colorado Vending of Digital Assets Act

Owners or operators of virtual currency kiosks must disclose material risks, terms, conditions, and transaction details to customers in clear English before transactions. They must provide electronic receipts after completion, enforce daily transaction limits of two thousand dollars for new customers and ten thousand five hundred dollars for existing customers, and issue full refunds for fraudulent first transactions meeting specified conditions within seventy-two hours.

S. 1582: GENIUS Act

Only permitted payment stablecoin issuers may issue payment stablecoins in the United States. Beginning 3 years after enactment, digital asset service providers may not offer or sell payment stablecoins unless issued by permitted issuers. Permitted issuers must maintain reserves on a 1-to-1 basis, publicly disclose redemption policies and monthly reserve composition, obtain monthly audits, and comply with Bank Secrecy Act requirements.

HB 7082: An act concerning various revisions to the money transmission statutes, state payments and investments in virtual currency and minors' money sharing application accounts.

Licensees engaging in money transmission by receiving, transmitting, storing or maintaining custody or control of virtual currency must disclose fees, pricing differentials, insurance coverage, transaction irrevocability, liability, and other specified terms before transactions and provide receipts after completion. Licensees must hold virtual currency matching amounts owed to customers and may not use or encumber customer virtual currency except at customer direction.

Took effect 1 October 2025

HB 465: An act to amend title 11 of the delaware code relating to virtual currency.

Adds virtual currency to Delaware's criminal code definitions of property, funds, pecuniary value, and items subject to search and seizure, enabling prosecution of virtual currency theft and money laundering while allowing courts to order disposition of seized virtual currency.

SB 16: An act to amend title 5 of the delaware code relating to delaware banks and trust companies.

Amends the application requirements for out-of-state state banks or out-of-state state trust companies seeking to apply for a charter with the State Bank Commissioner by clarifying the filing procedures under subsection (d).

SB 18: An act to amend title 5 of the delaware code relating to money transmission.

Amends Delaware's money transmission law to clarify that control of virtual currency does not include ability to terminate fraudulent transactions, excludes certain digital assets and non-investment tokens from virtual currency definition, and narrows virtual-currency business activity to exclude peer-to-peer exchanges and software development.

SB 19: An act to amend title 5 of the delaware code relating to stablecoins.

Removes registration requirements for federally supervised stablecoin entities, eliminates the need for regulatory framework comparison in reciprocal licensing, and allows out-of-state licensed applicants to obtain Delaware licenses without establishing a separate legal entity.

HB 175: Payment Stablecoin

Qualified payment stablecoin issuers must maintain identifiable reserves backing outstanding stablecoins on at least a one-to-one basis consisting of specified assets, publicly disclose redemption policies and fees, publish monthly reserve composition, engage registered public accountants for monthly reserve examinations, and submit monthly certifications. Issuers may not engage in tying arrangements, use deceptive names, or pay interest on stablecoins if prohibited by federal law.

HB 505: Virtual Currency Kiosks

Virtual currency kiosk businesses must register with the Office of Financial Regulation before operating in Florida, effective March 1, 2027. Registrants must implement blockchain analytics to prevent transfers to criminal wallet addresses, enforce daily transaction limits of $2,000 for new customers and $10,000 for existing customers, display fraud warnings, provide receipts, and issue refunds within 72 hours for fraudulent first transactions.

Takes effect 1 January 2027

SB 1568: Use of Digital Currency by the Department of Financial Services

The Department of Financial Services must accept payment stablecoins for authorized fees and may issue refunds in stablecoins. Designated stablecoins must have average market capitalization of at least $1 billion, be fully backed one-to-one by specified reserve assets, and be issued by permitted payment stablecoin issuers. The department must convert received stablecoins to US currency within reasonable time.

HB 1272: Banking and finance; licensing of payment stablecoin issuers; provisions

Licensed payment stablecoin issuers must maintain identifiable reserves on a one-to-one basis composed of specified liquid assets, publish monthly reserve composition, obtain Department of Banking and Finance approval before issuance, maintain an office in Georgia, and comply with anti-money laundering and economic sanctions programs.

HB 1642: Relating to consumer protection.

Operators of digital financial asset transaction kiosks must limit single customers to $2,000 per day and $10,000 per thirty-day period. Operators must use blockchain analytics software, display fraud warnings, provide disclosures about risks and terms, issue receipts, hold new customer transactions for forty-eight hours, and provide live customer service and a dedicated law enforcement communications line.

SB 1797: Digital assets & cons prot act

Covered persons engaging in digital asset business activity must register with the Department of Financial and Professional Regulation, maintain segregated customer assets, provide specified disclosures before transactions, implement compliance programs including cybersecurity and anti-money laundering measures, and maintain customer service procedures with toll-free support.

SB 2319: Virtual currency consum prot

Digital asset kiosk operators must receive police reports or government agency reports of transactions from customers during the new customer period or regarding transactions at issue before processing related transactions.

HB 1116: Virtual currency kiosks.

A person may not operate a virtual currency kiosk in Indiana. The attorney general may bring enforcement actions against operators of virtual currency kiosks and against owners of premises who knowingly or intentionally permitted the violation.

HB 1042: Regulation and investment of cryptocurrency.

Administrators of specified state retirement and investment plans must offer cryptocurrency exchange traded funds as regular investment programs. Boards may invest plan assets in cryptocurrency exchange traded funds. Public agencies, counties, municipalities, and townships may not adopt rules prohibiting individuals from accepting digital assets as payment, taking custody via self-hosted or hardware wallets, operating blockchain nodes, or conducting private digital asset mining in residences.

Took effect 1 July 2026

SF 449: A bill for an act relating to digital financial asset transaction kiosks and including penalties, and effective date and applicability provisions.

HB 2591: Authorizing financial institutions to report suspected financial exploitation of an adult account holder to a designated agency, notify any adult designated as a trusted contact by such account holder of suspected financial exploitation and place a temporary hold on certain transactions or disbursements. Enacting the virtual currency kiosk consumer protection act, providing definitions, and establishing requirements for virtual currency kiosk operators. Prohibiting the office of the state bank commissioner or any other state agency from becoming a receiver for a technology-enabled fiduciary financial institution that becomes insolvent or declares bankruptcy. Providing that earned wage access service registrants are subject to the Kansas financial institutions information security act, and eliminating certain stipulations relating to the payment of negotiable instruments on Saturday afternoons or holidays.

Financial institutions may report suspected financial exploitation of adult account holders to designated agencies and notify trusted contacts. Financial institutions may place temporary holds on transactions for up to 10 business days if they reasonably believe the transaction furthers financial exploitation, extendable to 30 business days if requested by investigating agencies.

SB 189: AN ACT relating to the regulation of digital asset business.

Virtual currency kiosk operators must obtain a license from the commissioner before owning, operating, or facilitating a virtual currency kiosk in Kentucky. Licensees must maintain a surety bond of at least $100,000 (up to $7,000,000 based on transaction volume), tangible net worth requirements, books and records for five years, quarterly financial reports, and comply with anti-money laundering laws.

SB 163: COMMERCIAL REGULATIONS: Provides relative to the licensing and regulation of virtual currency businesses. (8/1/26)

SB 287: BANKS/BANKING: Provides relative to virtual currency. (8/1/26)

HB 483: BANKS/BANKING: Provide relative to virtual currency kiosks

LD 1998: An Act To Authorize Registration Of Certain Cash-Dispensing Machines Through The Nationwide Mortgage Licensing System And Registry And To Limit The Use Of Certain Cash-Dispensing Machines As Virtual Currency Kiosks

Cash-dispensing machine operators may not operate as virtual currency kiosks unless licensed as money transmitters. Cash-dispensing machines must comply with the Electronic Funds Transfer Act and may not accept deposits, loan payments, or effectuate transfers except between customer accounts in the same financial institution. Operators must register through the nationwide mortgage licensing system and registry or otherwise as the administrator requires.

LD 1339: An Act To Regulate Virtual Currency Kiosks

Virtual currency kiosk operators must be licensed as money transmitters, disclose material risks before transactions, limit daily transactions to $1,000 per customer, cap transaction charges at the greater of $5 or 3% of transaction value, retain transaction records for 3 years, and issue refunds for transactions induced by fraud within 90 days if customer files a report with law enforcement within one year.

HB 1355: Financial Institutions - Payment Stablecoin Services - Establishment and Regulation (Maryland Stablecoin Act)

Nondepository trust companies and credit union service organizations must obtain a certificate from the Commissioner before engaging in business as state issuers or payment stablecoin services institutions. Certificate holders may only offer products and services listed on their certificate and must comply with applicable state and federal law.

Takes effect 1 January 2027

SB 741: Financial Institutions and Activities - Virtual Currency Kiosks - Alterations

A virtual currency kiosk operator must ensure the kiosk operates solely for virtual currency services and does not provide the same services as an automated teller machine. The definition of virtual currency kiosk operator now includes persons who install or operate software enabling a stand-alone automated device to provide virtual currency services.

Took effect 1 October 2026

SB 305: Financial Institutions and Activities - Virtual Currency Kiosks - Registration and Regulation

Beginning January 1, 2026, virtual currency kiosk operators must register kiosks with the Commissioner of Financial Regulation before operating in Maryland. Operators must limit daily cash or credit transactions to $1,000 per person, cap fees at the greater of $5 or 15% per transaction, collect specified customer information, and display on-screen disclosures of material risks and required statements before each transaction.

Took effect 1 July 2025

HF 3709: Virtual-currency custody services allowed to be offered and performed.

Banking institutions and credit unions may provide virtual-currency custody services in nonfiduciary capacity if they conduct activities safely and soundly, maintain written policies for risk management and cybersecurity, provide written notice to the commissioner at least 60 days before commencing services, and ensure customer virtual currency is legally and operationally segregated from their own assets.

SF 3868: Virtual currency kiosks prohibition provision

Beginning August 1, 2026, a person is prohibited from installing, operating, maintaining, or making available for use a virtual currency kiosk. By December 31, 2026, virtual currency kiosk operators must remove kiosks from public locations and pay out customer funds either in US dollars or to designated virtual currency wallets within 30 days of request.

HB 1625: Virtual currency kiosks; require licensure in accordance with Money Transmission Modernization Act.

Virtual currency kiosk operators must obtain a license under the Money Transmission Modernization Act before operating. Operators must disclose material risks, implement fraud prevention measures including security questions and blockchain analytics software, provide receipts, maintain transaction limits of $1,000 daily for new customers and $7,500 for existing customers, and hold new customer funds for ninety-six hours.

Took effect 1 July 2026

SB 265: Revise cryptocurrency laws to create Financial Freedom and Innovation Act

Governing authorities must not accept, require, or test central bank digital currency. Network token issuers must obtain written commissioner approval and provide specified information before offering or selling network tokens, with updates every 6 months or within 30 days if information becomes materially inaccurate. Network token sales cannot exceed $250 million annually.

LB 717: Adopt changes to federal law regarding banking and finance, change provisions relating to control of certain banks and trust companies, digital asset depository institutions, interest rates on certain loans, installment loans, mortgage loan originators, mortgage bankers, and the Nebraska Money Transmitters Act, and change references to the Nebraska Money Transmitters Act in the Controllable Electronic Record Fraud Prevention Act

Amends the Nebraska Money Transmitters Act to add payroll processing services as an exemption for persons employing fewer than twenty full-time employees or serving fewer than fifty Nebraska employees, subject to criminal history and licensing restrictions.

SB 482: establishing consumer protections for digital access transaction kiosks.

Operators of digital asset transaction kiosks must hold a customer's first transaction for at least 48 hours before completion, verify customer identity, display fraud warnings and screening prompts, disclose all fees and spreads, provide receipts, use blockchain analytics to block illicit transfers, and refund fraudulently induced transactions within 14 days if reported to law enforcement.

Takes effect 16 December 2026

HB 920: Virtual Currency Kiosk Consumer Protection Act.

Licensees must impose a daily transaction limit of two thousand dollars on new virtual currency customers for kiosk transmissions. Licensees must refund the full transmission amount if the customer was fraudulently induced, was new, and reported it within 14 days.

HB 1447: AN ACT to create and enact sections 13-09.1-50, 13-09.1-51, 13-09.1-52, 13-09.1-53, and 13-09.1-54 of the North Dakota Century Code, relating to virtual-currency kiosks; and to amend and reenact section 13-09.1-44 of the North Dakota Century Code, relating to virtual-currency kiosks.

Virtual currency kiosk operators must be licensed as money transmitters and comply with all money transmitter requirements. Operators must use blockchain analytics software to detect fraudulent activity, designate a full-time compliance officer, maintain antifrau policies, provide required disclosures and receipts, limit daily transactions to one thousand dollars per customer, cap fees at five dollars or three percent, and provide live customer service Monday through Friday 8 a.m. to 10 p.m. central time.

SB 1083: Digital assets; digital asset kiosk; transactions; license requirement; permitting civil suits; requirements. Effective date.

Digital asset kiosk operators must be licensed as money transmitters under Oklahoma law. They must provide ten days' notice before locating or relocating kiosks, submit quarterly location reports, disclose terms and risks prominently, limit new customer transactions to $2,000 daily, cap aggregate fees at 15%, maintain anti-fraud policies, employ full-time compliance officers, and provide live customer service Monday-Friday 8am-10pm CST.

HB 5121: An act relating to financial institutions -- currency transmissions

Virtual currency kiosk operators must be licensed as money transmitters and register each kiosk with the department of business regulation before activation. Operators must use blockchain analytics software to prevent transactions to wallets affiliated with fraud, employ a full-time compliance officer, provide disclosures and receipts, and comply with daily transaction limits of $2,000 for new customers and $5,000 for existing customers.

SB 98: prevent virtual currency kiosk fraud.

Licensees operating virtual currency kiosks must be licensed under chapter 51A-17, establish daily transaction limits of one thousand dollars and thirty-day limits of ten thousand dollars, provide full refunds to fraud victims within seventy-two hours, charge no more than twenty-five percent per transaction, verify user identity before accepting payment, and employ fraud-detection software.

Took effect 1 July 2026

HB 2505: Criminal Offenses - As enacted, makes it a Class A misdemeanor for a virtual kiosk operator or other person to knowingly install or allow installation of, permit, place, or otherwise operate a virtual currency kiosk in this state. - Amends TCA Title 4; Title 5; Title 6; Title 7; Title 8; Title 12; Title 13; Title 29; Title 39; Title 45; Title 47 and Title 67.

A virtual currency kiosk operator or other person must not knowingly install, allow installation of, permit, place, or otherwise operate a virtual currency kiosk in this state.

Took effect 1 July 2026

HB 72: Criminal Use of Cryptocurrency Amendments

Virtual currency kiosk operators must limit daily transactions to $2,000 per customer for three days, then $5,000 daily thereafter. Operators must provide fraud warnings, detailed receipts, and maintain records. Local law enforcement agencies must report cryptocurrency investigation data quarterly to the Commission on Criminal and Juvenile Justice.

Took effect 6 May 2026

HB 665: Financial institutions and services; virtual currency kiosk operators, license required, penalties.

Virtual currency kiosk operators must obtain a license from the State Corporation Commission before operating in Virginia. Licensees must maintain bonds of $1,000 to $25,000, comply with transaction limits ($2,000 daily for new users, $5,000 maximum daily, $10,000 monthly), use blockchain analytics software, verify user identity, provide required disclosures and fraud warnings, maintain customer service, file annual and quarterly reports, and limit charges to 18 percent per transaction.

SB 489: Financial institutions and services; virtual currency kiosk operators, license required, penalties.

Virtual currency kiosk operators must obtain a license from the State Corporation Commission before operating in Virginia. Licensees must maintain bonds of $1,000 to $25,000, comply with transaction limits ($2,000 daily for new users, $5,000 daily maximum, $10,000 monthly), use blockchain analytics software, verify user identity, provide required disclosures and fraud warnings, hold new user transactions for 48 hours, charge no more than 18 percent per transaction, and file annual and quarterly reports.

HB 5353: 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.

Virtual currency kiosk operators must obtain a money transmission license. Licensees must disclose material risks, terms, and transaction details to customers in specified font sizes before transactions. Licensees must impose daily transaction limits of $1,000 for new customers and $10,000 for existing customers. Licensees must obtain government-issued identification, provide live customer support, and employ a chief compliance officer.

AB 968: Relating to: virtual currency kiosks.

Virtual currency kiosk operators must be licensed and must verify customer identity before each transaction by collecting specified information and obtaining government-issued identification. Operators must affix fraud warnings to kiosks, limit daily transactions to $500 per customer, cap fees at the greater of $5 or 3 percent, provide live customer service, and issue refunds within 30 days upon fraud notification.

HB 75: Virtual currency kiosks.

No person may own, operate, or manage a virtual currency kiosk in Wyoming unless the person holds a license under the Wyoming Money Transmitters Act or is a financial institution with a charter under Wyoming title 13. The state banking commissioner shall adopt rules regulating the operation of virtual currency kiosks.