HB0075

Establishes licensing and regulatory requirements for virtual currency kiosks in Wyoming, requiring operators to be licensed money transmitters or chartered financial institutions.

• Defines key terms including virtual currency kiosk (an electronic terminal that facilitates exchange of virtual currency for money or other virtual currency), financial institution, and virtual currency. (W.S. 40-32-101)
• Requires that any person owning, operating, or managing a virtual currency kiosk in Wyoming must either hold a license under the Wyoming Money Transmitters Act or be a financial institution with a charter under Wyoming title 13. (W.S. 40-32-102(a))
• Establishes a criminal penalty of at least three years imprisonment, a fine of at least $10,000, or both for knowingly operating an unlicensed virtual currency kiosk. (W.S. 40-32-102(b))
• Grants the state banking commissioner authority to adopt rules regulating the operation of virtual currency kiosks by licensed operators. (W.S. 40-32-102(c))
• Establishes confidentiality protections for information and reports obtained by the commissioner relating to virtual currency kiosk operations from licensed entities. (W.S. 40-32-103(a))
• Permits the commissioner to disclose confidential kiosk operation information to other state officials, federal regulatory authorities, prosecutors, and courts as required. (W.S. 40-32-103(b))

Effective: July 1, 2026

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