MO SB1510

Requires virtual currency kiosk operators to obtain a money transmitter license and submit quarterly location reports to the Division of Finance, with unlicensed operators required to apply within 60 days of August 28, 2025

Mandates operators use blockchain analytics software to prevent transactions to digital wallets associated with fraud, and provide live customer service Monday through Friday from 8:00 a.m. to 10:00 p.m.

Requires written disclosures to customers before transactions warning that virtual currency is not legal tender, not FDIC-insured, may be irreversible, and is subject to volatility and fraud risks

Operators must display scam warnings at kiosks asking customers if they received suspicious calls directing payments and provide receipts with transaction details, fees, exchange rates, and refund policies

Grants the attorney general sole enforcement authority with civil penalties up to $10,000 per violation and $100,000 for injunction violations, and requires operators to employ full-time compliance and consumer protection officers