Virginia Crypto ATM Regulation Bill Awaits Governor’s Signature After Legislative Approval

TLDR: Virginia’s crypto kiosk bill passed both legislative chambers and now awaits the governor’s final signature.  New regulations impose 48-hour holds for first-time users to prevent fraud and enable transaction reversals.  Approximately 7% of crypto kiosk transactions involve fraud, prompting proactive regulatory intervention efforts.  Operators cannot market crypto kiosks as ATMs under the bill, addressing [...]

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