Rhode Island S2648 expands definitions for virtual currency transactions and operators.
Rhode Island S2648 amends the definitions related to virtual currency transactions and operators. It broadens the definition of a virtual currency kiosk operator to include anyone who enables customers to purchase virtual currency. Additionally, it expands the definition of a virtual currency kiosk transaction to include digital products or applications where payment is made in person or through a third party intermediary. This act aims to clarify and update the regulatory framework for virtual currency transactions in the state.
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- Impact
- Legal Framework
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