Virtual currency kiosks; require licensure in accordance with Money Transmission Modernization Act.
An Act To Create The Mississippi Virtual Currency Kiosk Consumer Protection Act; To Prohibit A Person From Operating A Virtual Currency Kiosk Without Being Licensed Under The Money Transmission Modernization Act; To Define Terms; To Require Certain Disclosures By Virtual Currency Kiosk Operators Regarding The Risks Of Virtual Currency Kiosk Transactions; To Implement Certain Fraud Prevention Measures; To Require Virtual Currency Kiosk Operators To Provide Receipts To Customers; To Provide Certain Transaction Limits For New Customers And For Existing Customers; To Amend Sections 75-16-21 And 75-16-69, Mississippi Code Of 1972, To Conform With The Provisions Of This Act; And For Related Purposes.
Enrolled on 4/1/26
Summary
Amendment can translate this bill from legal jargon into easy-to-understand language. Sign up to try it for free.
- Takes 30 seconds
- Free
- No credit card required
Sponsors
Roll Call Votes
52 Yea
DRRDRRDRRRRRRRDRRDRDDDRRRRRDRDRDDDRRRRRRRRRDRDDRDDRR0 Nay