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Committee advances RS 33426 to print to regulate digital currency kiosks
Summary
Senator Ruchti said RS 33426 would establish a regulatory framework for digital currency kiosks to protect vulnerable Idahoans from exploitation; the committee voted to send the RS to print by voice vote.
The Senate State Affairs Committee voted to send RS 33426 to print after sponsor Senator Ruchti described it as a regulatory framework for digital currency kiosks intended to protect vulnerable populations from exploitation.
Ruchti said he worked with stakeholders on the draft and that other states have implemented similar safeguards. Senator Den Hartog moved to send RS 33426 to print; Senator Bernt seconded and the motion carried by voice vote.
The minutes record the committee's procedural action; no fiscal notes, specific regulatory language, or opposition testimony were recorded.
