ID S1333

Requires virtual currency kiosk operators to obtain a money transmitter license from the Idaho Department of Finance and submit quarterly and annual reports including transaction data, complaint records, and compliance officer contact information

Limits new customers to $2,000 per 24-hour period and $10,000 cumulative within the first 30 days, with a mandatory 72-hour settlement delay on first transactions and full refund rights for fraud victims during that period

Mandates on-screen fraud warnings alerting users that scammers may impersonate government agents, family members, or law enforcement, along with disclosure of all fees, exchange rates, and material risks

Requires operators to provide live customer service 7 days a week from 8:00 a.m. to 8:00 p.m., use blockchain analytics software to detect suspicious activity, and block transactions to wallets associated with overseas exchanges inaccessible to U.S. users

Violations constitute unfair and deceptive practices under the Idaho Consumer Protection Act, with penalties including license revocation and misdemeanor charges with fines up to $1,000; effective date July 1, 2026