AK HB324

Requires virtual currency kiosk operators to hold a money transmission license and register with the state department before locating kiosks in Alaska

Imposes transaction limits of $1,000 per day and $10,000 per 30-day period per user, with transaction fees capped at 3% of the transaction value

Mandates prominent fraud warnings on kiosks, user identity verification via government-issued ID, and requires operators to provide full refunds within 72 hours to fraud victims who report within 90 days

Requires quarterly and annual reporting to the department, including transaction volumes, complaints, refund data, and suspicious activity reports filed under the Bank Secrecy Act

Classifies violations as unfair or deceptive trade practices, with penalties including civil fines, seizure of kiosks, and forfeiture of fees collected during noncompliance