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Virtual currency kiosks.

26LSO-0362, 1.0

  

FISCAL NOTE

 

The fiscal impact is indeterminable due to an unknown number of cases.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prepared by:   Catherine Camarotte, LSO  Phone: 777-7881

(Information provided by Claire Smith, Supreme Court, 307-777-7502; Jeremiah Bishop, Department of Audit, 307-777-6664)

   HB0075

", "currentBillHTML": "26LSO-0362

 

 

 

 

ORIGINAL House ENGROSSED

Bill No. HB0075

 

ENROLLED ACT NO. 19, HOUSE OF REPRESENTATIVES

 

SIXTY-EIGHTH LEGISLATURE OF THE STATE OF WYOMING

2026 Budget Session

 

 

 

 

AN ACT relating to trade and commerce; providing for the operation of virtual currency kiosks as specified; providing definitions; providing penalties; specifying applicability; requiring rulemaking; and providing for effective dates.

 

Be It Enacted by the Legislature of the State of Wyoming:

 

Section 1.  W.S. 40‑32‑101 through 40‑32‑103 are created to read:

 

CHAPTER 32

VIRTUAL CURRENCY KIOSKS

 

40‑32‑101.  Definitions.

 

(a)  As used in this chapter:

 

(i)  \"Commissioner\" means the state banking commissioner;

 

(ii)  \"Financial institution\" means as defined in W.S. 13‑1‑101(a)(ix);

 

(iii)  \"Virtual currency\" means as defined in W.S. 34‑29‑101(a)(iv);

 

(iv)  \"Virtual currency kiosk\" means a publicly accessible electronic terminal acting as a mechanical agent of a person to enable members of the public to facilitate the exchange of virtual currency for money, bank credit or other virtual currency, including by:

 

(A)  Connecting directly to a separate virtual currency exchange that performs the actual virtual currency transmission; or

 

(B)  Drawing upon the virtual currency in the possession of the electronic terminal's operator.

 

40‑32‑102.  Virtual currency kiosks authorized; regulation; penalty.

 

(a)  No person shall own, operate or manage a virtual currency kiosk in this state unless the person:

 

(i)  Has been issued a license under the Wyoming Money Transmitters Act, W.S. 40‑22‑101 through 40‑22‑129; or

 

(ii)  Is a financial institution and has been granted a charter under title 13 of the Wyoming statutes.

 

(b)  Any person who knowingly violates subsection (a) of this section is guilty of a felony punishable by imprisonment for not less than three (3) years, a fine of not less than ten thousand dollars ($10,000.00), or both.

 

(c)  The commissioner shall adopt rules regulating the operation of virtual currency kiosks by persons authorized under this section.

 

40‑32‑103.  Confidentiality of records; exception.

 

(a)  Except as provided by subsection (b) of this section, all information or reports obtained by the commissioner relating to the operation of a virtual currency kiosk from a person who has been issued a license under the Wyoming Money Transmitters Act, W.S. 40‑22‑101 through 40‑22‑129, a financial institution that has been granted a charter under title 13 of the Wyoming statutes or a person acting on behalf thereof, shall be confidential. 

 

(b)  The commissioner may disclose confidential information to officials and examiners of other states, federal regulatory authorities, appropriate prosecuting attorneys or as required by court order. 

 

Section 2.  Any person owning, operating or managing a virtual currency kiosk in this state on the effective date of this act shall comply with this act beginning on the effective date of this act.

 

Section 3.  The banking commissioner shall promulgate all rules necessary to implement this act.

   

Section 4.  This act is effective immediately upon completion of all acts necessary for a bill to become law as provided by Article 4, Section 8 of the Wyoming Constitution.

 

(END)

 

 

 

 

 

 

Speaker of the House

 

 

President of the Senate

 

 

 

 

 

Governor

 

 

 

 

 

TIME APPROVED: _________

 

 

 

 

 

DATE APPROVED: _________

 

 

I hereby certify that this act originated in the House.

 

 

 

 

Chief Clerk

 

 

1

 

 

", "digestHTML": "Digest HB0075.docx

HB0075

Virtual currency kiosks.

 

Sponsored By: Representative(s) Clouston, Brown, L, Byron, Connolly, Erickson, Harshman, Lucas, Singh, Washut and Wasserburger and Senator(s) Barlow, Jones and Rothfuss

 

AN ACT relating to trade and commerce; providing for the operation of virtual currency kiosks as specified; providing definitions; providing penalties; specifying applicability; requiring rulemaking; and providing for effective dates.

 

1/31/2026 Bill Number Assigned

2/5/2026 H Received for Introduction

2/10/2026 H Introduced and Referred to H03 - Revenue 59-2-1-0-0

 

ROLL CALL

Ayes:  Representative(s) Allemand, Angelos, Banks, Bear, Brady, Bratten, Brown, L, Byron, Campbell, E, Campbell, K, Chestek, Clouston, Connolly, Davis, Erickson, Filer, Fornstrom, Geringer, Guggenmos, Haroldson, Harshman, Heiner, Hoeft, Jarvis, Johnson, Knapp, Larsen, L, Larson, Jt, Lawley, Lien, Locke, Lucas, Mccann, Neiman, Nicholas, Ottman, Pendergraft, Posey, Provenza, Riggins, Rodriguez-Williams, Schmid, Sherwood, Singh, Smith, Storer, Strock, Styvar, Tarver, Thayer, Washut, Wasserburger, Webb, Webber, Wharff, Williams, Winter, Wylie, Yin

Nays:  Representative(s) Andrew, Brown, G

Excused:  Representative Kelly

Ayes 59    Nays 2    Excused 1    Absent 0    Conflicts 0

 

2/12/2026 H03 - Revenue:Recommend Amend and Do Pass 8-0-1-0-0

 

ROLL CALL

Ayes:  Representative(s) Brown, G, Campbell, K, Lien, Locke, Lucas, Riggins, Styvar, Wharff

Excused:  Representative Storer

Ayes 8    Nays 0    Excused 1    Absent 0    Conflicts 0

 

2/12/2026 H Placed on General File

 

HB0075HS001.01/ADOPTED [DIVIDED AMENDMENT]

 (CORRECTED COPY)

 

 

Page 2-after line 6  Insert and renumber as necessary:

 

  \"(ii) \"Existing user\" means a person who has completed not less than one (1) verified transaction at a virtual currency kiosk or with an operator of a virtual currency kiosk;\".

 

Page 2-line 8  Delete \"(ii)\" and insert \"(iii)\".

 

Page 2-after line 9  Insert and renumber as necessary:

 

\"(iv) \"New user\" means a person who has not previously completed a verified transaction at a virtual currency kiosk or with an operator of a virtual currency kiosk;\".

 

Page 2-line 11  Delete \"(iii)\" and insert \"(v)\".

 

Page 2-line 14 Delete \"(iv)\" and insert \"(vi)\";  delete \"an\" and insert \"a publicly accessible\".

 

Page 2-line 16 After \"to enable\" delete \"the person\" and insert \"members of the public\". Locke, Chairman

 

HB0075HS001.02/FAILED [DIVIDED AMENDMENT]

 (CORRECTED COPY)

 

 

Page 3-after line 20 Insert and renumber as necessary:

 

 \"(c) All transactions conducted through a virtual currency kiosk shall be subject to a mandatory waiting period before completion of the transaction. A user may cancel any transaction during a waiting period under this subsection without any penalties being imposed on the user. The waiting period under this subsection shall be not less than forty-eight (48) hours for new users of the virtual currency kiosk and shall be not less than twenty-four (24) hours for existing users of the virtual currency kiosk.\".

 

Page 4-line 1  Delete \"(c)\" and insert \"(d)\". Locke, Chairman

 

HB0075HW001/ADOPTED

Page 3-line 18 Delete \"misdemeanor\" and insert \"felony\". Clouston

 

HB0075HW002/WITHDRAWN

2/19/2026 H COW:Passed

2/20/2026 H 2nd Reading:Passed

2/21/2026 H 3rd Reading:Passed 56-5-1-0-0

 

ROLL CALL

Ayes:  Representative(s) Allemand, Angelos, Banks, Bear, Brady, Bratten, Brown, L, Byron, Campbell, E, Campbell, K, Clouston, Connolly, Davis, Erickson, Filer, Fornstrom, Geringer, Guggenmos, Haroldson, Harshman, Heiner, Hoeft, Jarvis, Johnson, Knapp, Larsen, L, Larson, Jt, Lawley, Lien, Locke, Lucas, Mccann, Neiman, Nicholas, Ottman, Pendergraft, Posey, Provenza, Riggins, Rodriguez-Williams, Schmid, Sherwood, Singh, Smith, Storer, Styvar, Tarver, Thayer, Washut, Wasserburger, Webb, Wharff, Williams, Winter, Wylie, Yin

Nays:  Representative(s) Andrew, Brown, G, Chestek, Strock, Webber

Excused:  Representative Kelly

Ayes 56    Nays 5    Excused 1    Absent 0    Conflicts 0

 

2/23/2026 S Received for Introduction

2/23/2026 S Introduced and Referred to S09 - Minerals

2/25/2026 S09 - Minerals:Recommend Amend and Do Pass 5-0-0-0-0

 

ROLL CALL

Ayes:  Senator(s) Anderson, Cooper, Jones, Nethercott, Rothfuss

Ayes 5    Nays 0    Excused 0    Absent 0    Conflicts 0

 

2/25/2026 S Placed on General File

 

HB0075SS001/ADOPTED (TO ENGROSSED COPY)

Page 2-lines 8 through 11 Delete entirely and renumber as necessary.

 

Page 2-line 13 Delete \"(iii)\" and insert \"(ii)\".

 

Page 2-lines 16 through 19 Delete entirely.

 

Page 2-line 21 Delete \"(v)\" and insert \"(iii)\".

 

Page 3-line 1 Delete \"(vi)\" and insert \"(iv)\".

 

Page 5-lines 6 through 8  Delete entirely and insert:

 

\"Section 2. Any person owning, operating or managing a virtual currency kiosk in this state on the effective date of this act shall comply with this act beginning on the effective date of this act.\".

 

Page 5-lines 13 through 21 Delete entirely and insert:

 

 \"Section 4. This act is effective immediately upon completion of all acts necessary for a bill to become law as provided by Article 4, Section 8 of the Wyoming Constitution.\". Anderson, Chairman

 

2/26/2026 S COW:Passed

2/27/2026 S 2nd Reading:Passed

3/2/2026 S 3rd Reading:Passed 30-1-0-0-0

 

ROLL CALL

Ayes:  Senator(s) Anderson, Barlow, Biteman, Boner, Brennan, Case, Cooper, Crago, Crum, Dockstader, Driskill, French, Gierau, Hicks, Hutchings, Jones, Kolb, Landen, Laursen, Love, Mckeown, Nethercott, Olsen, Pappas, Pearson, Rothfuss, Salazar, Schuler, Scott, Steinmetz

Nays:  Senator Ide

Ayes 30    Nays 1    Excused 0    Absent 0    Conflicts 0

 

3/2/2026 H Received for Concurrence

3/2/2026 H Concur:Passed 58-1-3-0-0

 

ROLL CALL

Ayes:  Representative(s) Allemand, Andrew, Angelos, Banks, Bear, Brady, Bratten, Brown, G, Brown, L, Byron, Campbell, E, Campbell, K, Clouston, Connolly, Davis, Erickson, Filer, Fornstrom, Geringer, Guggenmos, Haroldson, Harshman, Heiner, Hoeft, Jarvis, Johnson, Knapp, Larsen, L, Larson, Jt, Lawley, Lien, Locke, Lucas, Mccann, Neiman, Nicholas, Ottman, Pendergraft, Posey, Provenza, Riggins, Rodriguez-Williams, Sherwood, Singh, Smith, Storer, Strock, Styvar, Tarver, Thayer, Washut, Wasserburger, Webb, Webber, Williams, Winter, Wylie, Yin

Nays:  Representative Chestek

Excused:  Representative(s) Kelly, Schmid, Wharff

Ayes 58    Nays 1    Excused 3    Absent 0    Conflicts 0

 

3/2/2026 Assigned Number HEA No. 0019

3/3/2026 H Speaker Signed HEA No. 0019

3/3/2026 S President Signed HEA No. 0019

3/6/2026 Governor Signed HEA No. 0019

3/6/2026 Assigned Chapter Number 60

 

Chapter No. 60  Session Laws of Wyoming 2026

 

", "summaryHTML": "Bill Summary - 26LSO-0362

 

Bill No.: HB0075 Effective: Immediately

 

LSO No.: 26LSO-0362

 

Enrolled Act No.: HEA No. 0019

 

Chapter No.: 60

 

Prime Sponsor: Clouston

 

Catch Title: Virtual currency kiosks.

 

Has Report: No

 

Subject: Regulation of virtual currency kiosks. 

 

Summary/Major Elements:

 

 

 

 

The above summary is not an official publication of the Wyoming Legislature and is not an official statement of legislative intent.  While the Legislative Service Office endeavored to provide accurate information in this summary, it should not be relied upon as a comprehensive abstract of the bill.

 

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