1. A kiosk operator may not engage in virtual-currency business activity or hold itself out as being able to engage in virtual-currency business activity with or on behalf of another person unless the kiosk operator is licensed in this state as a money transmitter.

2. A virtual-currency kiosk operator shall comply with all requirements of a money transmitter under this chapter.

3. A virtual-currency kiosk operator may not locate, or allow a third party to locate, a virtual-currency kiosk in this state unless the virtual-currency kiosk: a. Is placed in a commercially accessible area; b. Is accessible to users with sufficient space to account for mobility limitations of users; and c. Is subject to security features, including sufficient lighting and surveillance.

4. Each virtual-currency kiosk operator shall submit a quarterly report of the location of each virtual-currency kiosk located within the state to the commissioner within forty-five days of the end of the calendar quarter. The location report must include: a. The company's legal name;

b. Any fictitious or trade name; c. The physical address; d. The start date of operation of the virtual-currency kiosk at the location; e. The end date of operation of the virtual-currency kiosk at the location, if applicable; and f. The virtual-currency addresses associated with the virtual-currency kiosk.