All Roll Calls
Yes: 297 • No: 35
OklahomaSB 1083Oklahoma 2026 Regular SessionSenateWALLET
Digital assets; digital asset kiosk; transactions; license requirement; permitting civil suits; requirements. Effective date.
Sponsored By: Weaver
Became Law
Senate Committee
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Bill Overview
Analyzed Economic Effects
4 provisions identified: 2 benefits, 1 costs, 1 mixed.
Refund rights for kiosk fraud victims
Beginning November 1, 2025, new Oklahoma kiosk customers are entitled to refunds of fraud-induced transactions, including fees and charges. A new customer has never used that operator and remains new for 72 hours after their first financial transaction. They must report fraud to both the operator and Oklahoma Attorney General within 14 days of their last fraudulent transaction during that period. Existing customers are entitled only to refunds of fees and charges, and must request them. They must report the fraud to both offices within 14 days of the transaction. Customers can also sue an unlicensed operator for losses from fraud-induced transactions, but recovery is not guaranteed.
Clearer kiosk terms and live help
Beginning November 1, 2025, Oklahoma kiosk operators must clearly explain key terms in the customer’s chosen language. Customers must confirm receipt before transacting. Disclosures cover fraud warnings, risks, amounts, fees, exchange rates, daily limits, policy-change notices, operator contacts, and when account information can be shared. After each completed transaction, customers must receive a receipt in their chosen language, on paper where possible. Receipts must show operator name and contacts, transaction type, value, date and time, tracking code, digital asset addresses, fees, and exchange rate. They must also explain operator responsibility for missing or delayed delivery and the refund policy. If paper is unavailable, operators must clearly post how to get a copy. Operators must display a toll-free number and offer live help at least Monday–Friday, 8 a.m.–10 p.m. Central Standard Time.
New safeguards required for kiosk operators
Beginning November 1, 2025, operators need an Oklahoma money transmitter license to conduct or offer kiosk transactions for others. Licensing violations carry a $600–$2,000 fine per violation, 30 days to one year in county jail, or both. Kiosks used in violations can be seized at the Oklahoma Attorney General’s direction. Operators must notify the Banking Department at least 10 days before activating or moving a kiosk. Quarterly location reports are due within 45 days after each quarter ends. Reports must list legal and trade names, each kiosk’s address, and its start and end dates. Operators must use blockchain tools to help prevent transfers to wallets known to be tied to fraud. They must keep a written fraud policy, take reasonable prevention steps, and report fraudulent transactions within 14 days. A qualified, full-time compliance officer must oversee compliance and own no more than 20% of the operator; required compliance duties must use full-time employees. The Banking Department oversees compliance and can request evidence, including proof of blockchain analytics use. The department and Attorney General can issue rules to carry out the law.
Kiosk fee caps and new-customer limits
Beginning November 1, 2025, Oklahoma kiosk fees and charges cannot exceed 15% of the digital assets’ dollar value. This covers a single transaction or related transactions, including the gap between the customer’s price and market value. Operators cannot accept more than $2,000 per day from a new customer, counting transactions across one or more kiosks. A new customer has never used that operator and remains new for 72 hours after their first financial transaction.
Sponsors & Cosponsors
Sponsor
Weaver
Affiliation unavailable
Cosponsors
Steve Bashore
Republican • House
Mark Lepak
Republican • House
Roll Call Votes
Senate vote • 5/29/2025
OVERRIDE
Yes: 37 • No: 9
House vote • 5/29/2025
OVERRIDE
Yes: 78 • No: 4
Senate vote • 5/15/2025
FOURTH READING
Yes: 28 • No: 15
House vote • 4/30/2025
THIRD READING
Yes: 84 • No: 2 • Other: 1
House vote • 4/24/2025
DO PASS
Yes: 14 • No: 1
House vote • 4/8/2025
DO PASS
Yes: 8 • No: 0
Senate vote • 3/27/2025
THIRD READING
Yes: 41 • No: 4
Senate vote • 2/27/2025
Committee vote: Technology & Telecommunications
Yes: 7 • No: 0
Bill Text
Enrolled (final version)
5/19/2025
Amended And Engrossed
5/1/2025
Floor (House)
4/25/2025
House Committee Report
4/24/2025
House Committee Substitute for Senate Bill
4/24/2025
House Policy Committee Report
4/9/2025
Engrossed
3/31/2025
Floor (Senate)
3/3/2025
Senate Committee Report
2/27/2025
Introduced
1/16/2025
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