Cryptocurrency Amendments
Introduction
Jan 21
Senate Rules
Senate Committee
Senate 2nd Reading
Senate 3rd Reading
House Rules
House Committee
House Floor Vote
Governor
This bill modifies the Money Transmitter Act to regulate virtual currency kiosk operations.
This bill:
AI-generated summary. We recommend consulting the bill text for important decisions.
New rules for cryptocurrency kiosks — the ATM-like machines that let people exchange cash for Bitcoin or other digital currencies — require operators in Utah to obtain a state money transmitter license, register each machine with the state, and cap transaction fees at 3% of the transaction amount. The bill limits individual customers to $1,000 per day in transactions, and to a total of $2,000 until they've completed at least five transactions with that operator. Every kiosk must display a bold fraud warning alerting customers that scams frequently target vulnerable people, including the elderly, and that cryptocurrency transactions are irreversible. Operators must also provide itemized receipts and offer live customer service on weekdays, with the attorney general empowered to enforce these rules as consumer protection violations.
Introduction
Jan 21
Senate Rules
Senate Committee
Senate 2nd Reading
Senate 3rd Reading
House Rules
House Committee
House Floor Vote
Governor
IntroductionJan 21
Senate Rules
Senate Committee
Senate 2nd Reading
Senate 3rd Reading
House Rules
House Committee
House Floor Vote
Governor
This bill modifies the Money Transmitter Act to regulate virtual currency kiosk operations.
This bill:
AI-generated summary. We recommend consulting the bill text for important decisions.
New rules for cryptocurrency kiosks — the ATM-like machines that let people exchange cash for Bitcoin or other digital currencies — require operators in Utah to obtain a state money transmitter license, register each machine with the state, and cap transaction fees at 3% of the transaction amount. The bill limits individual customers to $1,000 per day in transactions, and to a total of $2,000 until they've completed at least five transactions with that operator. Every kiosk must display a bold fraud warning alerting customers that scams frequently target vulnerable people, including the elderly, and that cryptocurrency transactions are irreversible. Operators must also provide itemized receipts and offer live customer service on weekdays, with the attorney general empowered to enforce these rules as consumer protection violations.
Senate/ filed
Senate file for bills not passed
Senate/ strike enacting clause
Senate Secretary
LFA/ fiscal note sent to sponsor for SB0173
Version Sponsor
Senate/ 1st reading (Introduced)
Senate Rules Committee
Senate/ received bill from Legislative Research
Waiting for Introduction in the Senate
Last updated Mar 26, 2026, 9:44 PM