HB 1625: Virtual currency kiosks; require licensure in accordance with Money Transmission Modernization Act.

Summary

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.

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Apr 8, 2026

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