This bill regulates digital financial asset transaction kiosks, setting limits on fees and requiring disclosures and receipts.

The bill introduces regulations for digital financial asset transaction kiosks, which are electronic devices for exchanging digital financial assets. Operators of these kiosks must provide clear disclosures before transactions, including the dollar amount of the digital asset, any charges, and a warning if transactions are final. Receipts must include the consumer's name, transaction date and time, the operator's name, the dollar amount of the digital asset, and the charges collected. Operators cannot charge more than $5 or 15% of the digital asset's value, whichever is greater.

This bill regulates digital financial asset transaction kiosks, setting limits on fees and requiring disclosures and receipts.

The bill introduces regulations for digital financial asset transaction kiosks, which are electronic devices for exchanging digital financial assets. Operators of these kiosks must provide clear disclosures before transactions, including the dollar amount of the digital asset, any charges, and a warning if transactions are final. Receipts must include the consumer's name, transaction date and time, the operator's name, the dollar amount of the digital asset, and the charges collected. Operators cannot charge more than $5 or 15% of the digital asset's value, whichever is greater.