All Roll Calls
Yes: 215 • No: 12
North DakotaHB 14472025 Regular SessionHouseWALLET
AN ACT to create and enact sections 13-09.1-50, 13-09.1-51, 13-09.1-52, 13-09.1-53, and 13-09.1-54 of the North Dakota Century Code, relating to virtual-currency kiosks; and to amend and reenact section 13-09.1-44 of the North Dakota Century Code, relating to virtual-currency kiosks.
Sponsored By: Steve Swiontek (Republican)
Became Law
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Bill Overview
Analyzed Economic Effects
5 provisions identified: 1 benefits, 4 costs, 0 mixed.
Clear kiosk disclosures and receipts
The law requires kiosks to show all terms in your language before a sale and get your okay. Screens must warn about common scams and that crypto transactions can be irreversible. Kiosks must show the U.S. dollar amount, the crypto amount, all fees, the exchange rate, and contact info, including law enforcement and data‑sharing notices. After each buy or sell, you get a paper or digital receipt with two‑factor security that lists the hash, addresses, exact time, fees, exchange rate, liability, and refund policy. Operators must offer live customer service Monday–Friday, 8:00 a.m.–10:00 p.m. Central Time, and display a toll‑free number.
$2,000 daily cap for new users
For your first five kiosk transactions within 30 days of your first transaction with an operator, you are limited to $2,000 per day. The cap applies to cash or the crypto equivalent. It counts all of your same‑day transactions across that operator’s kiosks. If today’s total would go over $2,000, the extra amount is not allowed.
Full-time compliance staff and policies
Each operator must keep a written antifraud policy and a written enhanced due‑diligence policy approved by its governing body. Operators must employ a full‑time compliance officer and a separate full‑time consumer‑protection officer; neither may own more than 20% of the company. Compliance work required by law must be done by full‑time employees, not contractors or part‑time staff.
License and rules for kiosk operators
Operators must be licensed in North Dakota as money transmitters before serving customers. Kiosk operation is treated as money transmission, so operators must follow all money‑transmitter rules. The law also defines key terms like virtual currency, kiosk, wallet, and transaction hash so operators know which devices and activities are covered.
Analytics, reports, and kiosk placement rules
Operators must use blockchain analytics software to spot suspicious activity and show proof to the state if asked. Each quarter, operators must report every kiosk within 45 days after the quarter ends, listing addresses, start/end dates, and related crypto addresses. Kiosks must be in commercial areas, allow space for people with mobility limits, and have good lighting and surveillance.
Sponsors & Cosponsors
Sponsor
Steve Swiontek
Republican • House
Cosponsors
Josh Christy
Republican • House
Karla Rose Hanson
Democratic • House
Pat D. Heinert
Republican • House
Jeremy Olson
Republican • House
David Richter
Republican • House
Austen Schauer
Republican • House
Kathy Hogan
Democratic • Senate
Jerry Klein
Republican • Senate
Judy Lee
Republican • Senate
Dean Rummel
Republican • Senate
Jonathan Sickler
Republican • Senate
Roll Call Votes
House vote • 4/2/2025
Second reading, passed, yeas 83 nays 8
Yes: 83 • No: 8
Senate vote • 3/18/2025
Second reading, passed as amended, yeas 45 nays 1
Yes: 45 • No: 1
House vote • 2/17/2025
Second reading, passed, yeas 87 nays 3
Yes: 87 • No: 3
Actions Timeline
Filed with Secretary Of State 04/11
4/14/2025HouseSigned by Governor 04/10
4/11/2025HouseSent to Governor
4/8/2025HouseSigned by Speaker
4/8/2025HouseSigned by President
4/4/2025SenateSecond reading, passed, yeas 83 nays 8
4/2/2025HouseConcurred
4/2/2025HouseReturned to House (12)
3/19/2025HouseSecond reading, passed as amended, yeas 45 nays 1
3/18/2025SenateAmendment adopted, placed on calendar
3/17/2025SenateReported back amended, do pass, amendment placed on calendar 5 0 0
3/14/2025SenateCommittee Hearing 10:00
3/10/2025SenateIntroduced, first reading, referred Industry and Business Committee
2/18/2025SenateReceived from House
2/18/2025SenateSecond reading, passed, yeas 87 nays 3
2/17/2025HouseAmendment adopted, placed on calendar
2/14/2025HouseReported back amended, do pass, amendment placed on calendar 12 0 2
2/13/2025HouseCommittee Hearing 10:00
1/22/2025HouseIntroduced, first reading, referred Industry, Business and Labor Committee
1/15/2025House
Bill Text
Adopted by the Senate Industry and Business Committee
Enrollment
FIRST ENGROSSMENT
FIRST ENGROSSMENT with Senate Amendments
INTRODUCED
Prepared by the Legislative Council staff for Representative Koppelman
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