FL S0198

Creates a new regulatory framework requiring virtual currency kiosk businesses to register with Florida's Office of Financial Regulation, with registration required by January 1, 2027, and annual renewals thereafter

Establishes daily transaction limits of $2,000 for new customers (those using the kiosk for fewer than 7 days) and $10,000 for existing customers, whether through single or multiple transactions

Mandates fraud warning disclosures on kiosk screens alerting customers to stop transactions if directed to the machine by strangers claiming to be government agents, bill collectors, or law enforcement

Requires kiosk businesses to provide physical or electronic receipts containing transaction details, fees, exchange rates, wallet information, and refund policies after each transaction

Compels full refunds within 72 hours for a customer's first transaction if the customer reports fraud to law enforcement and the kiosk business within 60 days and provides proof such as a police report