Louisiana SB287 regulates virtual currency transactions, including disclosures, cancellation rights, and reporting requirements for kiosks.
Louisiana SB287 amends existing law to regulate virtual currency transactions. It mandates that licensees provide clear disclosures before each transaction, including the terms and conditions and a notice that the transaction may be canceled within 72 hours. Upon transaction completion, licensees must provide a receipt with detailed information, including the licensee's contact details, transaction details, fees, and refund policy.
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