Bill > HB0072

This bill establishes regulations for cryptocurrency kiosks and mandates specialized training for law enforcement. It amends existing law to include "Virtual Currency Kiosk Regulation" under the Division of Consumer Protection, defining terms like "virtual currency" (a digital representation of value not considered money) and "virtual currency kiosk" (an electronic terminal for exchanging virtual currency for money or other virtual currency). The bill sets daily transaction limits for these kiosks, requiring operators to provide clear disclosures about terms, conditions, and the fact that digital assets are not insured by federal entities, along with prominent fraud prevention warnings. Operators must also provide detailed receipts and maintain transaction records, cooperating with law enforcement investigations. Furthermore, the bill requires local law enforcement agencies to ensure at least one peace officer receives specialized cryptocurrency investigation training every three years, covering topics like tracing, evidence preservation, and legal requirements for warrants, and mandates quarterly reporting on cryptocurrency investigations to a state commission.

Business and Industry, Justice

https://le.utah.gov/~2026/bills/static/HB0072.html