(a) The commissioner may exercise all power and authority and perform all duties with respect to virtual currency kiosk operators licensed under the Money Transmission Modernization Act as are provided in that article, subject to the provisions of Section 75-14-55, and the commissioner may also exercise the following powers and functions:(a) The commissioner may adopt rules necessary to implement, administer and enforce this article.(b) The commissioner may require any virtual currency kiosk to be disabled or removed from its location, at the operator’s expense, if the operator fails to comply with the requirements of this article or the Money Transmission Modernization Act. Such order will remain effective until rescinded or released by the commissioner or appealed as provided in Section 75-16-73.(c) Whenever the commissioner believes that any person is failing or omitting or is about to fail or omit to do anything required by the provisions of this article, or by any order of the commissioner, or is doing anything or about to do anything, or permitting anything or about to permit anything to be done, contrary to or in violation of this article or of any order of the commissioner, the commissioner may proceed with appropriate action as provided under the Money Transmission Modernization Act.
(a) The commissioner may adopt rules necessary to implement, administer and enforce this article.
(b) The commissioner may require any virtual currency kiosk to be disabled or removed from its location, at the operator’s expense, if the operator fails to comply with the requirements of this article or the Money Transmission Modernization Act. Such order will remain effective until rescinded or released by the commissioner or appealed as provided in Section 75-16-73.
(c) Whenever the commissioner believes that any person is failing or omitting or is about to fail or omit to do anything required by the provisions of this article, or by any order of the commissioner, or is doing anything or about to do anything, or permitting anything or about to permit anything to be done, contrary to or in violation of this article or of any order of the commissioner, the commissioner may proceed with appropriate action as provided under the Money Transmission Modernization Act.