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Kansas Regulates Virtual Currency Kiosks with Consumer Disclosures, Anti-Fraud Policies, and Transaction Limits

Original title: AN ACT concerning legal tender; establishing the Kansas legal tender act; reaffirming gold and silver coin as legal tender; providing an income taxation subtraction modification for gains from the sale of specie; amending K.S.A. 2025 Supp. 79-32,117 and repealing the existing section.

Last action · April 10, 2026: Conference committee report now available

Introduced
Committee
Floor Vote
Passed
Law

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What This Bill Proposed

This legislation enacts the virtual currency kiosk consumer protection act, requiring operators to provide fraud warnings, retain transaction funds for specific holding periods, cap fees, and obtain money transmission licensure. The law also mandates to screen for suspicious digital wallets and establishes refund mechanisms for fraud victims.

Why it matters

Virtual currency kiosk operators must comply with strict state licensing, transaction limits, and consumer disclosure rules, while users gain specific refund and fraud protection rights when conducting transactions at these physical terminals.

Who It Would Have Affected

Groups the bill's text would have affected, as described in the record. Being affected is not a position for or against it.

Directly affected

virtual currency kiosk operators

Operators must secure money transmitter licenses, implement blockchain analytics, staff live toll-free customer service, and adhere to strict fee and transaction caps.

Directly affected

virtual currency consumers in Kansas

Consumers receive enhanced fraud disclosures, mandatory transaction receipts, specific refund rights, and transaction amount limits.

Directly affected

State Bank Commissioner

The commissioner is tasked with receiving kiosk location reports, reviewing license applications, and overseeing compliance.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

What warnings must be displayed when using a virtual currency kiosk?
Operators must display a prominent fraud warning detailing common scams—such as impostor alerts and fake debt claims—which users must acknowledge by tapping the screen and receiving an email.
Are there limits on how much I can transact at a virtual currency kiosk?
Yes. Initial transactions are capped at $1,000, and transactions more than 14 days after the initial transaction are capped at $5,000 per day.
Can I get a refund if I discover I was scammed?
Yes. Consumers can request a full refund of an initial transaction during the holding period, or request a refund of fees and transmission amounts if they report fraud to law enforcement or the commissioner within 30 days and submit a police report or sworn declaration.

What else do you want to know?

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Where This Stands

This bill did not become law - Vetoed by the governor.

Procedural history

29 actions
  1. Apr 10, 2026Senate
    Conference committee report now available
  2. Apr 10, 2026SenateFloor
    Motion to suspend Joint Rule 4 (k) to allow consideration adopted
  3. Apr 10, 2026SenateFloor
    Conference Committee Report was adopted
  4. Apr 10, 2026HouseFloor
    Motion to suspend Joint Rule 4 (k) to allow consideration adopted
  5. Apr 10, 2026HouseFloor
    Conference Committee Report was adopted
  6. Apr 10, 2026House
    Reengrossed on Monday, April 13, 2026
Show 23 earlier actions
  1. Apr 10, 2026House
    Enrolled and presented to Governor on Friday, April 17, 2026
  2. Apr 10, 2026House
    Vetoed by Governor; Returned to on Monday, April 27, 2026
  3. Apr 10, 2026House
    No motion to reconsider vetoed bill; Veto sustained
  4. Apr 9, 2026Senate
    Senator Haley is appointed to replace Senator Miller on the Conference Committee
  5. Mar 24, 2026SenateFloor
    Motion to accede adopted; Senator Dietrich, Senator Fagg, Senator Miller, , appointed as conferees
  6. Mar 23, 2026House
    Nonconcurred with amendments; Conference Committee requested; appointed , and
  7. Mar 19, 2026SenateFloor
    Final Action - Passed as amended
  8. Mar 18, 2026Senate
    Committee of the Whole - Now working on
  9. Mar 18, 2026SenateFloor
    Committee of the Whole - Committee Report be adopted
  10. Mar 18, 2026SenateFloor
    Committee of the Whole - Be passed as amended
  11. Mar 17, 2026SenateFloor
    Committee Report recommending bill be passed as amended by
  12. Feb 26, 2026Senate
    Hearing: Thursday, February 26, 2026, 9:30 AM — Room 546-S
  13. Feb 6, 2026SenateCommittee
    Referred to Senate Committee on Financial Institutions and Insurance
  14. Feb 5, 2026House
    Engrossed on Wednesday, February 4, 2026
  15. Feb 5, 2026HouseFloor
    Final Action - Passed as amended
  16. Feb 5, 2026SenateIntroduced
    Received and Introduced
  17. Feb 4, 2026House
    Committee of the Whole - Now working on
  18. Feb 4, 2026HouseFloor
    Committee of the Whole - Committee Report be adopted
  19. Feb 4, 2026HouseFloor
    Committee of the Whole - Be passed as amended
  20. Feb 3, 2026HouseFloor
    Committee Report recommending bill be passed as amended by
  21. Jan 28, 2026House
    Hearing: Wednesday, January 28, 2026, 9:00 AM — Room 582-N
  22. Jan 22, 2026HouseIntroduced
    Introduced
  23. Jan 22, 2026HouseCommittee
    Referred to House Committee on Financial Institutions and Pensions

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

Lobbying Activity

No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Discoveries

1 pattern noticed across the record

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift95% confidence

Expansion of Money Transmission Scope

The act explicitly classifies virtual currency kiosk operations and three-party exchanges as money transmission, bringing decentralized financial terminals under traditional banking commissioner oversight.

Connected Entities

State Bank Commissioner, Attorney General
OrganizationState Bank Commissioner“Enforces the money transmission act and oversees kiosk licensing.”Map →
PersonAttorney General“Authorized to investigate fraudulent money transmissions.”Map →

Sources

Open source document

www.kslegislature.gov

Analysis Score

0–100
  • Significance85
    How much this matters to a regular citizen
  • Controversy45
    Intensity of disagreement among stakeholders
  • Entertainment10
    Compellingness for a non-policy-wonk reader
  • Buzz60
    Current news / social attention level

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