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Mount Clemens commission to consider ordinance regulating virtual currency kiosks
Summary
The commission introduced an ordinance to require registration, licensing and operational rules for virtual currency machines (cryptocurrency kiosks) in Mount Clemens, citing fraud risk to residents; adoption is set for March 16, 2026.
The Mount Clemens City Commission moved to introduce an ordinance to register, license and regulate virtual currency kiosks and related devices operating in the city.
City Manager Shipman said the ordinance — prepared by the city attorney — seeks to enhance the safety and security of virtual currency transactions and to reduce the heightened risk of fraud that can affect residents who use improperly operated kiosks.
The commission approved introduction of the ordinance by roll call and set March 16, 2026, as the adoption date. Staff said the ordinance will include registration and operational requirements and repeal conflicting local ordinances.
Next steps: staff will bring the ordinance back for adoption on the scheduled date and the city attorney will finalize regulatory language as needed.
