Wyoming Virtual Currency Kiosk Act

The act defines a “virtual currency kiosk” as a publicly accessible electronic terminal that acts as a mechanical agent of a person and enables members of the public to exchange virtual currency for money, bank credit or other virtual currency. The definition covers terminals that connect to a separate virtual currency exchange as well as terminals that draw on virtual currency held by the kiosk operator.

Wyoming’s new chapter provides that no person may own, operate or manage a virtual currency kiosk in the state unless the person has been issued a license under the Wyoming Money Transmitters Act or is a financial institution chartered under Title 13 of the Wyoming statutes. This makes licensing or Wyoming financial-institution status the central gateway for kiosk activity.

A knowing violation of the authorization requirement is classified as a felony punishable by at least three years of imprisonment, a fine of at least $10,000, or both. The statute also directs the State Banking Commissioner to adopt rules regulating the operation of virtual currency kiosks by authorized persons.

The Wyoming act applies at the state level. It is most relevant to kiosk operators, financial institutions, licensed money transmitters, and service providers that support public-facing virtual currency exchange terminals in Wyoming. The statute’s confidentiality section treats information or reports obtained by the commissioner about kiosk operations as confidential, subject to exceptions for other state officials and examiners, federal regulators, appropriate prosecuting attorneys and court orders.

The enacted chapter is narrower than a full digital-asset licensing regime. It should not be described as regulating every virtual currency business model in Wyoming. Its operative provisions are limited to covered kiosks, authorized operators, criminal penalties, supervisory confidentiality and commissioner rulemaking. Because the law sits in Title 40, Trade and Commerce, and is administered through banking supervision, this profile should be linked to money transmission, payments and consumer-protection topics rather than token issuance or securities topics.

HB0075 was assigned a bill number on Jan. 31, 2026, passed the House on third reading on Feb. 21, 2026, passed the Senate on third reading on Mar. 2, 2026, and was signed by the governor on Mar. 6, 2026. The Legislative Service Office summary lists HB0075 as effective immediately, with HEA No. 0019 and Chapter No. 60. Earlier bill versions used a July 1, 2026 compliance date, but the enrolled act and current statutory text reflect immediate effectiveness.

The Division of Banking later issued proposed Chapter 1 rules for virtual currency kiosks. The proposed rules address reporting, user disclosures, daily transaction limits, fee limits, receipts, anti-fraud and Bank Secrecy Act policies, blockchain analytics, identity verification, delayed first transactions, fraud-related fee refunds, examinations and commissioner enforcement tools. Those rules should be monitored separately from the enacted statute because proposed rule text can change before final adoption.

This profile is for legal-reference and editorial use only. It does not provide legal, tax, investment, trading or compliance advice.