Establishes requirements for virtual currency kiosks, including transaction limits and disclosure obligations.
The bill creates Section 560.215 in Florida Statutes, establishing requirements for virtual currency kiosks. It defines terms such as "blockchain," "existing customer," and "virtual currency kiosk." The owner or operator of a virtual currency kiosk must display a warning message before a transaction and provide a specified electronic receipt upon completion. The bill limits transactions to $2,000 per calendar day for new customers and $10,500 for existing customers.
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