HI HB1277

Limits digital financial asset transaction kiosks (cryptocurrency ATMs) to accepting or dispensing no more than $1,000 per day to or from a single customer

Defines "digital financial asset" as a digital representation of value used as a medium of exchange, unit of account, or store of value that is not legal tender

Excludes from the definition merchant rewards program points, in-game digital currencies, and securities registered with or exempt from SEC registration

Defines "digital financial asset transaction kiosk" as an electronic device capable of accepting or dispensing cash in exchange for digital financial assets

Effective date set as July 1, 3000 (placeholder date indicating further legislative action needed)