Bill > HB441

This bill, concerning cryptocurrency kiosks in Delaware, establishes new regulations by defining key terms like "blockchain" (a decentralized digital ledger of transactions), "cryptocurrency" (virtual currency or non-fungible tokens stored on a blockchain), and "kiosk" (a physical machine for buying, selling, or exchanging cryptocurrency). The bill explicitly prohibits the ownership, installation, or operation of cryptocurrency kiosks, and also forbids facilitating cryptocurrency purchases or transfers for fiat currency through systems that mimic kiosks. Furthermore, it makes it unlawful for individuals to knowingly permit such prohibited activities on their property, and mandates that any existing cryptocurrency kiosks must be removed within 90 days of the bill's effective date, with operations ceasing immediately. Violations are considered unlawful practices and are subject to enforcement under existing consumer protection laws, requiring any fees collected from illegal transactions to be refunded or paid into a consumer protection fund.