Pennsylvania HB2643 regulates virtual currency kiosks, requiring licenses, fees, and a public education campaign.

HB2643 mandates that operators of virtual currency kiosks in Pennsylvania obtain a license from the Department of Banking and Securities. The bill outlines specific requirements for these kiosks, including the need for government-issued identification scans and printed receipts. It also establishes a public education campaign to inform the public about virtual currency kiosks and potential scams. The Department of Banking and Securities is tasked with overseeing the licensing process, including the ability to suspend, revoke, or refuse to renew licenses for violations.

Pennsylvania HB2643 regulates virtual currency kiosks, requiring licenses, fees, and a public education campaign.

HB2643 mandates that operators of virtual currency kiosks in Pennsylvania obtain a license from the Department of Banking and Securities. The bill outlines specific requirements for these kiosks, including the need for government-issued identification scans and printed receipts. It also establishes a public education campaign to inform the public about virtual currency kiosks and potential scams. The Department of Banking and Securities is tasked with overseeing the licensing process, including the ability to suspend, revoke, or refuse to renew licenses for violations.