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Senate adopts Colorado Vending of Digital Assets Act requiring disclosures at virtual-currency kiosks
Summary
The Colorado Senate adopted Senate Bill 79, the "Colorado Vending of Digital Assets Act," in a voice vote on Feb. 27, 2025, requiring operators of virtual-currency kiosks in the state to disclose material risks to customers before transactions.
The Colorado Senate adopted Senate Bill 79, the "Colorado Vending of Digital Assets Act," in a voice vote on Feb. 27, 2025, requiring operators of virtual-currency kiosks in the state to disclose material risks to customers before transactions.
Senator Rich, sponsor of the bill, told the chamber the measure "requires that an owner operator of a virtual currency kiosk disclose all material risk associated with the virtual currency before entering into a virtual currency transaction." She said the bill "ensures that customers are fully informed before making any decisions."
The bill drew support from lawmakers concerned about scams tied to kiosks. "If you don't know about this, I guarantee you that, all of us have them…
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