Texas HB2798 regulates virtual currency kiosk transactions, requiring disclosures and setting transaction limits.

Texas HB2798 introduces regulations for virtual currency kiosk transactions. It mandates that operators provide customers with detailed receipts after transactions, including transaction hashes and virtual currency addresses. Operators must also clearly disclose material risks associated with virtual currency, such as its lack of government backing and potential for significant price volatility. New customers are entitled to refunds if they were fraudulently induced into transactions, provided they report it within 14 days.

Texas HB2798 regulates virtual currency kiosk transactions, requiring disclosures and setting transaction limits.

Texas HB2798 introduces regulations for virtual currency kiosk transactions. It mandates that operators provide customers with detailed receipts after transactions, including transaction hashes and virtual currency addresses. Operators must also clearly disclose material risks associated with virtual currency, such as its lack of government backing and potential for significant price volatility. New customers are entitled to refunds if they were fraudulently induced into transactions, provided they report it within 14 days.