Idaho Capitol Watch
SB 1359: VIRTUAL CURRENCY KIOSK FRAUD PREVENTION ACT – Adds to existing law to establish the Virtual Currency Kiosk Fraud Prevention Act.
Establishes the Virtual Currency Kiosk Fraud Prevention Act, requiring operators to be licensed money transmitters, implement fraud warnings and safeguards, provide customer service and receipts, meet transaction limits for new customers, and submit quarterly/annual reports to the Department of Finance.
Status
Vetoed by Governor (April 28, 2026) · Originated in the Idaho Senate · Introduced March 2, 2026
Sponsors
- STATE AFFAIRS COMMITTEE
Committees
- JR for Printing
Bill history
- March 31, 2026 — House: Reported out of Committee with Do Pass Recommendation, Filed for Second Reading (do_pass)
- April 1, 2026 — House: Read second time; Filed for Third Reading
- April 1, 2026 — House: Rules Suspended: Ayes 69 Nays 0 Abs/Excd 1, read in full as required – PASSED - 39-30-1AYES – Berch, Bingham, Boyle, Cheatum, Cornilles, Crane(12), Crane(13), Egbert(Beazer), Erickson, Fuhriman, Furni (passed)
- April 1, 2026 — Senate: Reported enrolled; signed by President; to House for signature of Speaker
- April 1, 2026 — House: Received from Senate; Signed by Speaker; Returned to Senate
- April 1, 2026 — House: Reported signed by the Speaker & ordered delivered to Governor
- April 1, 2026 — House: delivered to Governor at 6:50 p.m. on 04/01/26
- April 28, 2026 — House: vetoed on 04/28/26
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