SB 1510 - This act gives the Attorney General (AG) authority to take enforcement actions with respect to violations of the Virtual Currency Kiosk Consumer Protection Act. Specifically, if the AG has reasonable belief that a virtual currency kiosk operator is in violation of that act, the AG has the sole authority to bring civil action to provide for any or all of the following: • Enjoin further violations by the operator; • Enforce compliance; • Seek civil penalties in an amount not more than $10,000 for each violation; or • Other remedies permitted under law. If the AG has reasonable belief that a person is in violation of an injunction issued under this act, the AG has the sole authority to bring civil action to provide for civil penalties in an amount not more than $1,000. An individual that has knowledge of a violation of the Virtual Currency Kiosk Consumer Protection Act may report the violation to the AG. The AG shall establish an electronic reporting system for the submission of reports pursuant to this act. SCOTT SVAGERA

2026 Regular Session Introduced by Mike Henderson

SB 1510 modifies Missouri's virtual currency kiosk regulations, adjusting consumer protections and operator requirements for cryptocurrency machines.

Second Read and Referred S Insurance and Banking Committee

Legislative bill overview

SB 1510 modifies Missouri's Virtual Currency Kiosk Consumer Protection Act, which regulates machines that allow consumers to buy and sell cryptocurrencies. The bill adjusts existing requirements for kiosk operators, likely concerning licensing, disclosure requirements, transaction limits, or consumer safeguards related to these machines.

Why this is important

Virtual currency kiosks are increasingly common in retail locations, and consumers—particularly those less familiar with cryptocurrency—can face significant financial risks including high fees, irreversible transactions, and scams. How states regulate these machines directly affects whether consumers have adequate protection and transparency when using them.

Potential points of contention

Regulatory burden vs. market access: Stricter requirements may increase compliance costs for operators, potentially reducing kiosk availability in underserved areas, or conversely, loosened rules may leave consumers vulnerable

Consumer protection level: Changes to disclosure or transaction limits could either strengthen protections or weaken them depending on the modification's direction

Cryptocurrency industry position: The industry may seek lighter regulation to enable growth, while consumer advocates and law enforcement may push for stricter oversight to prevent fraud and money laundering