A bill to prohibit the operation of virtual currency kiosks; to provide for the powers and duties of certain state governmental officers and entities; to prescribe penalties; and to provide remedies.
House Bills 6077 and 6078 prohibit the operation of virtual currency kiosks in Michigan, establishes felony penalties for violations, and provides enforcement mechanisms to protect consumers and vulnerable adults from potential financial exploitation.
Co-sponsored by Reps.
Referred to the Committee on Regulatory Reform