MN HF3642

Prohibits any person from placing or operating a virtual currency kiosk in Minnesota

Repeals the existing regulatory framework for virtual currency kiosks, including definitions, licensing requirements, disclosure rules, and consumer protections under Minnesota Statutes Chapter 53B

Eliminates provisions that previously allowed licensed virtual currency kiosk operators to conduct transactions with limits of $2,000 daily for new customers and required fraud warnings and refund policies

Removes all statutory definitions related to virtual currency business activities, including terms for exchanges, transfers, virtual currency wallets, and kiosk operators