HB 3043 authorizes the Missouri attorney general to bring civil actions against virtual currency kiosk operators for violations.
HB 3043, known as the Virtual Currency Kiosk Consumer Protection Act, authorizes the Missouri attorney general to bring civil actions against virtual currency kiosk operators for violations. The act mandates that operators establish anti-fraud policies, use blockchain analytics, and maintain compliance officers. It also requires operators to submit quarterly reports on kiosk locations and provide customer service. The attorney general can seek civil penalties and other remedies for violations.
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