state_legiscan_drain · MI
Consumer protection: other; virtual currency kiosks; prohibit the operation of. Creates new act.
June 11, 2026
Summary
If enacted, this bill would prohibit the operation of virtual currency kiosks in Michigan, effectively banning businesses that allow consumers to buy or sell cryptocurrency for cash. This would affect operators of such kiosks, including fintechs and possibly banks offering crypto services, as well as consumers who use them.
AI-generated summary · Jun 14, 2026. Verify with your compliance counsel before acting.
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Source: https://legislature.mi.gov/Bills/Bill?ObjectName=2026-HB-6077
Common questions
- What does "Consumer protection: other; virtual currency kiosks; prohibit the operation of. Creates new act." cover?
- If enacted, this bill would prohibit the operation of virtual currency kiosks in Michigan, effectively banning businesses that allow consumers to buy or…
- When was it published?
- It was published on June 11, 2026.