A 3386
Establishes "Virtual Currency Kiosk Consumer Protection Act."
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Sign in to take action- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill, the "Virtual Currency Kiosk Consumer Protection Act," aims to regulate virtual currency kiosks operating in New Jersey. It requires kiosks to provide clear disclosures to consumers about the risks associated with using the kiosks, including the fact that virtual currency isn't legal tender and that transactions are irreversible. The bill also mandates that kiosk operators obtain a money transmitter license and maintain compliance policies, along with reporting kiosk locations to the state.
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Primary sponsors
Sterley Stanley
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