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North CarolinaHB 9202025-2026 SessionHouseWALLET

AN ACT TO ALLOW THE USE OF DIGITAL ASSETS IN ECONOMIC TRANSACTIONS AND IN THE PAYMENT OF TAXES AND TO ESTABLISH PROTECTIONS FOR NEW CUSTOMERS TRANSMITTING DIGITAL ASSETS.

Sponsored By: Brian Biggs (Republican), Neal Jackson (Republican), Stephen M. Ross (Republican)

Signed by Governor

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Bill Overview

Analyzed Economic Effects

6 provisions identified: 3 benefits, 1 costs, 2 mixed.

Lower kiosk fees and clear pricing

Beginning January 1, 2027, total fees and the spread for a kiosk transaction cannot be more than 12% of the dollar value, including related transactions. Before finishing, the kiosk must show all fees, the exchange rate, the spread, and any customer liability. Afterward, you get a keepable receipt (paper unless you ask for electronic) showing key details, fees, the rate used, and any taxes collected.

Licenses and staffing for kiosk operators

Beginning January 1, 2027, kiosk operators are treated as money transmitters and must be licensed under Article 16B. Operators must employ full‑time compliance and consumer‑protection officers (each owning no more than 20%), keep written anti‑fraud and compliance policies, and have board approval. Operators must file quarterly kiosk‑location reports within 45 days after each quarter. The Commissioner can require records to show compliance, and Article 16B enforcement and administrative rules apply.

Kiosk limits, holds, and refunds

Beginning January 1, 2027, kiosks must cap daily sends at $2,000 for new customers and $5,000 for existing customers. If your first transaction was within the past 7 days, each new transaction has a 48‑hour hold and cannot be released early. You can cancel before completion for a full, immediate refund and a receipt. If you report a transaction as fraud within 30 days and the Commissioner finds fraud, new customers get the full deposit back and existing customers get fees refunded.

Stronger scam and fraud checks at kiosks

The law requires strong scam warnings before you buy. Kiosks must show an interactive fraud screen with a 10‑second countdown; if you say the warning applies, it stops the sale and blocks your account, wallet, or phone for at least 24 hours. Operators must use blockchain analytics to help block transfers to wallets known for fraud. Kiosks cannot use QR‑code or camera logins; you must enter numbers or codes, and cameras stay disabled unless approved. Before opening an account or your first buy, you get clear risk and account‑term disclosures. Live customer service is available whenever the kiosk is open, with a toll‑free number on the screen.

Penalties and crimes for kiosk fraud

Beginning January 1, 2027, violations are unfair trade practices with civil fines up to $1,000 for a first offense and up to $5,000 for later offenses. It is a Class 1 misdemeanor to facilitate or induce a fraudulent kiosk transaction. Simply owning or running a kiosk, without more, is not a crime.

State rules, records, and local control

Most operator records the Commissioner collects are confidential; public items like name, address, unique ID, and final orders may be posted, including in NMLS. If a state kiosk rule conflicts with federal law, federal law controls; stricter state protections still stand unless federal law expressly preempts them. Cities and counties may use zoning to allow, limit, or ban kiosks, so long as rules do not conflict and apply uniformly. The Commissioner must adopt fraud‑determination procedures and other rules by January 1, 2027; this rulemaking section takes effect July 7, 2026.

Sponsors & Cosponsors

Sponsors

  • Brian Biggs

    Republican • House

  • Neal Jackson

    Republican • House

  • Stephen M. Ross

    Republican • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 329 • No: 64

House vote • 7/1/2026

HB 920: Virtual Currency Kiosk Consumer Protection Act.

Yes: 115 • No: 0 • Other: 5

Senate vote • 6/30/2026

HB 920: Virtual Currency Kiosk Consumer Prot. Act.

Yes: 49 • No: 0 • Other: 1

House vote • 6/9/2026

HB 920: Virtual Currency Kiosk Consumer Prot. Act.

Yes: 50 • No: 64 • Other: 5

House vote • 6/9/2026

HB 920: Virtual Currency Kiosk Consumer Prot. Act.

Yes: 115 • No: 0 • Other: 5

Actions Timeline

  1. Ch. SL 2026-45

    7/8/2026House

  2. Signed by Gov. 7/7/2026

    7/7/2026House

  3. Pres. To Gov. 7/6/2026

    7/6/2026House

  4. Ratified

    7/2/2026House

  5. Ordered Enrolled

    7/1/2026House

  6. Concurred In S Com Sub

    7/1/2026House

  7. Placed On Cal For 07/01/2026

    6/30/2026House

  8. Cal Pursuant 36(b)

    6/30/2026House

  9. Special Message Received For Concurrence in S Com Sub

    6/30/2026House

  10. Special Message Sent To House

    6/30/2026Senate

  11. Passed 3rd Reading

    6/30/2026Senate

  12. Passed 2nd Reading

    6/30/2026Senate

  13. Placed on Today's Calendar

    6/30/2026Senate

  14. Reptd Fav

    6/30/2026Senate

  15. Re-ref Com On Rules and Operations of the Senate

    6/30/2026Senate

  16. Com Substitute Adopted

    6/30/2026Senate

  17. Reptd Fav Com Substitute

    6/30/2026Senate

  18. Re-ref to Finance. If fav, re-ref to Rules and Operations of the Senate

    6/24/2026Senate

  19. Withdrawn From Com

    6/24/2026Senate

  20. Ref To Com On Rules and Operations of the Senate

    6/11/2026Senate

  21. Passed 1st Reading

    6/11/2026Senate

  22. Regular Message Received From House

    6/11/2026Senate

  23. Regular Message Sent To Senate

    6/10/2026House

  24. Passed 3rd Reading

    6/9/2026House

  25. Passed 2nd Reading

    6/9/2026House

Bill Text

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