Consumer protection: other; virtual currency kiosks; prohibit the operation of. Creates new act.
Key claim: Michigan HB6077 would create a new act prohibiting the operation of virtual currency kiosks as a consumer protection measure.
Abstract
(HB6077 · 103rd Legislature) Consumer protection: other; virtual currency kiosks; prohibit the operation of. Creates new act. Latest action (2026-06-16): Bill Electronically Reproduced 06/11/2026
Why this matters
Virtual currency kiosks have been a growing vector for consumer fraud losses, particularly targeting older Michiganders, and an outright operational ban would remove a class of businesses currently operating in convenience stores and gas stations statewide. For consumers, the change would eliminate a common on-ramp/off-ramp to cryptocurrency; for operators and host retailers, it would end a revenue stream and require unwinding existing kiosk placements.