To amend the Bank Secrecy Act to require the registration of digital asset kiosk operators and to require such operators to comply with anti-money laundering and anti-fraud requirements, and for other purposes.
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Summary
Based on the bill's title, this legislation would amend the Bank Secrecy Act to require digital asset kiosk operators to register and comply with anti-money laundering and anti-fraud requirements. The bill appears designed to extend financial regulatory oversight to digital asset kiosks, which are physical machines that facilitate cryptocurrency transactions. The bill was referred to the House Committee on Financial Services but the full text is not available.
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