Virtual currency kiosks.

Source-provided summary

This act prohibits any person from owning, operating, or managing a virtual currency kiosk in Wyoming unless the person has been issued a license under the Wyoming Money Transmitters Act or is a financial institution and has been granted a charter under Title 13 of the Wyoming Statutes. This act creates a felony offense for operating a virtual currency kiosk without proper authorization, punishable by imprisonment for not less than three (3) years, a fine of not less than ten thousand dollars ($10,000.00), or both. This act requires the Wyoming State Banking Commissioner to promulgate rules regulating the operation of virtual currency kiosks by authorized persons.