1. (a) Beginning January 1, 2026, a virtual currency kiosk operator shall register a virtual currency kiosk with the Commissioner before operating the virtual currency kiosk in the State.

2. (b) An application for registration shall include:

   1. (1) The name of the virtual currency kiosk operator;
   2. (2) The address of the virtual currency kiosk operator;
   3. (3) Unique identifying information for the virtual currency kiosk, such as the manufacturer name, model number, serial number, or asset tag;
   4. (4) If the virtual currency kiosk operator intends to operate the virtual currency kiosk from any fixed location for more than 30 days in a calendar year, each physical address where the virtual currency kiosk will be operated;
   5. (5) If the virtual currency kiosk operator intends to operate the virtual currency kiosk at any location for 30 days or less in a calendar year, the geographic area where the licensee intends to operate the virtual currency kiosk; and
   6. (6) Any other information that the Commissioner requires by regulation.

3. (c) A virtual currency kiosk operator:

   1. (1) Shall renew the registration on an annual basis; and
   2. (2) May be required to pay a fee at the time of renewal.

4. (d) The Commissioner may adopt and enforce:

   1. (1) Registration procedures for virtual currency kiosks, which may include the use of NMLS;
   2. (2) Registration fees for virtual currency kiosks, which may include fees for the use of NMLS, to be paid directly by the virtual currency kiosk operator;
   3. (3) Procedures and fees for renewing a virtual currency kiosk's registration, which may include fees for the renewed use of NMLS, to be paid directly by the virtual currency kiosk operator;
   4. (4) Regulations regarding the lighting and safety of virtual currency kiosk locations; and
   5. (5) Regulations regarding appropriate signage to clearly identify a kiosk as a virtual currency kiosk.

Added by Acts 2025, c. 117, § 1, eff. July 1, 2025.