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Code of Virginia

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Code of Virginia
Title 6.2. Financial Institutions and Services
Chapter 22.2. Virtual Currency Kiosks
7/1/2026

§ 6.2-2255. (Effective July 1, 2027) Transaction limits; new user requirements.

A. No licensee shall accept a transaction of greater than $2,000 in U.S. dollars or the equivalent in virtual currency for any new user per day. A licensee's maximum daily transaction limit for a user shall not exceed $5,000, and a licensee's maximum monthly transaction limit for any user or new user shall not exceed $10,000.

B. A licensee shall hold each virtual currency kiosk transaction made by a new user for a period of at least 48 hours, after which the licensee shall complete such transaction. No licensee shall permit a new user to complete a virtual currency kiosk transaction until such hold period has elapsed. During such hold period, the new user may contact the licensee to request the cancellation and full refund of such transaction.

2026, cc. 654, 655.

The chapters of the acts of assembly referenced in the historical citation at the end of this section may not constitute a comprehensive list of such chapters and may exclude chapters whose provisions have expired.