<html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-18 - VIRTUAL CURRENCY KIOSKS</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s99bc900cf65942728156a9aaf912ce48Normal { text-align: center; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s99bc900cf65942728156a9aaf912ce48HG4 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s99bc900cf65942728156a9aaf912ce48DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s99bc900cf65942728156a9aaf912ce48Normal-000000 { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s99bc900cf65942728156a9aaf912ce48000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s99bc900cf65942728156a9aaf912ce48B { margin-left: 1.38in; text-indent: -1.38in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 51A-18 - VIRTUAL CURRENCY KIOSKS"><meta property="og:description" content="SDLRC Codified Law 51A-18 - VIRTUAL CURRENCY KIOSKS"><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/51A-18"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s99bc900cf65942728156a9aaf912ce48Normal"><span xml:space="preserve" class="s99bc900cf65942728156a9aaf912ce48HG4">CHAPTER </span><a href="https://sdlegislature.gov/Statutes?Statute=51A-18" rel="noopener"><span class="s99bc900cf65942728156a9aaf912ce48DefaultParagraphFont">51A-18</span></a></p><p dir="ltr" class="s99bc900cf65942728156a9aaf912ce48Normal"><span class="s99bc900cf65942728156a9aaf912ce48DefaultParagraphFont">VIRTUAL CURRENCY KIOSKS</span></p><p dir="ltr" class="s99bc900cf65942728156a9aaf912ce48Normal-000000"><span xml:space="preserve" class="s99bc900cf65942728156a9aaf912ce48000001"> </span></p><p dir="ltr" class="s99bc900cf65942728156a9aaf912ce48B"><a href="https://sdlegislature.gov/Statutes?Statute=51A-18-1" rel="noopener"><span class="s99bc900cf65942728156a9aaf912ce48DefaultParagraphFont">51A-18-1</span></a><span xml:space="preserve" class="s99bc900cf65942728156a9aaf912ce48DefaultParagraphFont">    Definitions.</span></p><p dir="ltr" class="s99bc900cf65942728156a9aaf912ce48B"><a href="https://sdlegislature.gov/Statutes?Statute=51A-18-2" rel="noopener"><span class="s99bc900cf65942728156a9aaf912ce48DefaultParagraphFont">51A-18-2</span></a><span xml:space="preserve" class="s99bc900cf65942728156a9aaf912ce48DefaultParagraphFont">    License to operate.</span></p><p dir="ltr" class="s99bc900cf65942728156a9aaf912ce48B"><a href="https://sdlegislature.gov/Statutes?Statute=51A-18-3" rel="noopener"><span class="s99bc900cf65942728156a9aaf912ce48DefaultParagraphFont">51A-18-3</span></a><span xml:space="preserve" class="s99bc900cf65942728156a9aaf912ce48DefaultParagraphFont">    Renewal report requirements.</span></p><p dir="ltr" class="s99bc900cf65942728156a9aaf912ce48B"><a href="https://sdlegislature.gov/Statutes?Statute=51A-18-4" rel="noopener"><span class="s99bc900cf65942728156a9aaf912ce48DefaultParagraphFont">51A-18-4</span></a><span xml:space="preserve" class="s99bc900cf65942728156a9aaf912ce48DefaultParagraphFont">    Report of condition requirements.</span></p><p dir="ltr" class="s99bc900cf65942728156a9aaf912ce48B"><a href="https://sdlegislature.gov/Statutes?Statute=51A-18-5" rel="noopener"><span class="s99bc900cf65942728156a9aaf912ce48DefaultParagraphFont">51A-18-5</span></a><span xml:space="preserve" class="s99bc900cf65942728156a9aaf912ce48DefaultParagraphFont">    Receipt for kiosk transaction required--Contents.</span></p><p dir="ltr" class="s99bc900cf65942728156a9aaf912ce48B"><a href="https://sdlegislature.gov/Statutes?Statute=51A-18-6" rel="noopener"><span class="s99bc900cf65942728156a9aaf912ce48DefaultParagraphFont">51A-18-6</span></a><span xml:space="preserve" class="s99bc900cf65942728156a9aaf912ce48DefaultParagraphFont">    Mandatory disclosure--User acknowledgment.</span></p><p dir="ltr" class="s99bc900cf65942728156a9aaf912ce48B"><a href="https://sdlegislature.gov/Statutes?Statute=51A-18-7" rel="noopener"><span class="s99bc900cf65942728156a9aaf912ce48DefaultParagraphFont">51A-18-7</span></a><span xml:space="preserve" class="s99bc900cf65942728156a9aaf912ce48DefaultParagraphFont">    User refund for fraud--Conditions--Deadline to refund.</span></p><p dir="ltr" class="s99bc900cf65942728156a9aaf912ce48B"><a href="https://sdlegislature.gov/Statutes?Statute=51A-18-8" rel="noopener"><span class="s99bc900cf65942728156a9aaf912ce48DefaultParagraphFont">51A-18-8</span></a><span xml:space="preserve" class="s99bc900cf65942728156a9aaf912ce48DefaultParagraphFont">    Transaction limits.</span></p><p dir="ltr" class="s99bc900cf65942728156a9aaf912ce48B"><a href="https://sdlegislature.gov/Statutes?Statute=51A-18-9" rel="noopener"><span class="s99bc900cf65942728156a9aaf912ce48DefaultParagraphFont">51A-18-9</span></a><span xml:space="preserve" class="s99bc900cf65942728156a9aaf912ce48DefaultParagraphFont">    Transaction fee maximum.</span></p><p dir="ltr" class="s99bc900cf65942728156a9aaf912ce48B"><a href="https://sdlegislature.gov/Statutes?Statute=51A-18-10" rel="noopener"><span class="s99bc900cf65942728156a9aaf912ce48DefaultParagraphFont">51A-18-10</span></a><span xml:space="preserve" class="s99bc900cf65942728156a9aaf912ce48DefaultParagraphFont">    Customer service.</span></p><p dir="ltr" class="s99bc900cf65942728156a9aaf912ce48B"><a href="https://sdlegislature.gov/Statutes?Statute=51A-18-11" rel="noopener"><span class="s99bc900cf65942728156a9aaf912ce48DefaultParagraphFont">51A-18-11</span></a><span xml:space="preserve" class="s99bc900cf65942728156a9aaf912ce48DefaultParagraphFont">    Dedicated law enforcement communication--Cooperation.</span></p><p dir="ltr" class="s99bc900cf65942728156a9aaf912ce48B"><a href="https://sdlegislature.gov/Statutes?Statute=51A-18-12" rel="noopener"><span class="s99bc900cf65942728156a9aaf912ce48DefaultParagraphFont">51A-18-12</span></a><span xml:space="preserve" class="s99bc900cf65942728156a9aaf912ce48DefaultParagraphFont">    Fraud and money laundering prevention--Policy.</span></p><p dir="ltr" class="s99bc900cf65942728156a9aaf912ce48B"><a href="https://sdlegislature.gov/Statutes?Statute=51A-18-13" rel="noopener"><span class="s99bc900cf65942728156a9aaf912ce48DefaultParagraphFont">51A-18-13</span></a><span xml:space="preserve" class="s99bc900cf65942728156a9aaf912ce48DefaultParagraphFont">    Fraud prevention software--Certain transfers blocked.</span></p><p dir="ltr" class="s99bc900cf65942728156a9aaf912ce48B"><a href="https://sdlegislature.gov/Statutes?Statute=51A-18-14" rel="noopener"><span class="s99bc900cf65942728156a9aaf912ce48DefaultParagraphFont">51A-18-14</span></a><span xml:space="preserve" class="s99bc900cf65942728156a9aaf912ce48DefaultParagraphFont">    Verification of user identity--Strict liability.</span></p><p dir="ltr" class="s99bc900cf65942728156a9aaf912ce48B"><a href="https://sdlegislature.gov/Statutes?Statute=51A-18-15" rel="noopener"><span class="s99bc900cf65942728156a9aaf912ce48DefaultParagraphFont">51A-18-15</span></a><span xml:space="preserve" class="s99bc900cf65942728156a9aaf912ce48DefaultParagraphFont">    Training and education.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-18 - VIRTUAL CURRENCY KIOSKS</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s1fb7c5ba4f6241bfb41ec664cac91a1dNormal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s1fb7c5ba4f6241bfb41ec664cac91a1dSENU { font-family: 'Times New Roman', 'serif'; 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text-indent: -0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } a.s1fb7c5ba4f6241bfb41ec664cac91a1d000000 { text-decoration: none; } p.s1fb7c5ba4f6241bfb41ec664cac91a1dStatuteNumber3 { margin-left: 1.75in; text-indent: -0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s1fb7c5ba4f6241bfb41ec664cac91a1d000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s1fb7c5ba4f6241bfb41ec664cac91a1dNoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s1fb7c5ba4f6241bfb41ec664cac91a1dDefaultParagraphFont-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s1fb7c5ba4f6241bfb41ec664cac91a1dSCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 51A-18-1 - Definitions."><meta property="og:description" content="SDLRC Codified Law 51A-18-1 - Definitions."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/51A-18-1"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s1fb7c5ba4f6241bfb41ec664cac91a1dNormal"><a href="https://sdlegislature.gov/Statutes?Statute=51A-18-1" rel="noopener"><span class="s1fb7c5ba4f6241bfb41ec664cac91a1dSENU">51A-18-1</span></a><span xml:space="preserve" class="s1fb7c5ba4f6241bfb41ec664cac91a1dSENU">. </span><span class="s1fb7c5ba4f6241bfb41ec664cac91a1dCL">Definitions.</span></p><p dir="ltr" class="s1fb7c5ba4f6241bfb41ec664cac91a1dStatute"><span class="s1fb7c5ba4f6241bfb41ec664cac91a1dDefaultParagraphFont">Terms used in this chapter mean:</span></p><p dir="ltr" class="s1fb7c5ba4f6241bfb41ec664cac91a1dStatuteNumber1"><span class="s1fb7c5ba4f6241bfb41ec664cac91a1dDefaultParagraphFont">(1)    "Charges," fees charged to a user for a virtual currency transaction, plus the difference between the market price of virtual currency at the time of the transaction and the price charged to the user;</span></p><p dir="ltr" class="s1fb7c5ba4f6241bfb41ec664cac91a1dStatuteNumber1"><span xml:space="preserve" class="s1fb7c5ba4f6241bfb41ec664cac91a1dDefaultParagraphFont">(2)    "Distributed ledgers," a digital system maintained across multiple computers for recording virtual currency transactions using blockchain technology, as defined in § </span><a href="https://sdlegislature.gov/Statutes?Statute=53-12-1" rel="noopener"><span class="s1fb7c5ba4f6241bfb41ec664cac91a1dDefaultParagraphFont">53-12-1</span></a><span class="s1fb7c5ba4f6241bfb41ec664cac91a1dDefaultParagraphFont">, or substantially similar technology;</span></p><p dir="ltr" class="s1fb7c5ba4f6241bfb41ec664cac91a1dStatuteNumber1"><span class="s1fb7c5ba4f6241bfb41ec664cac91a1dDefaultParagraphFont">(3)    "Licensee," a person that:</span></p><p dir="ltr" class="s1fb7c5ba4f6241bfb41ec664cac91a1dStatuteNumber2"><span xml:space="preserve" class="s1fb7c5ba4f6241bfb41ec664cac91a1dDefaultParagraphFont">(a)    Is licensed pursuant to chapter </span><a href="https://sdlegislature.gov/Statutes?Statute=51A-17" rel="noopener"><span class="s1fb7c5ba4f6241bfb41ec664cac91a1dDefaultParagraphFont">51A-17</span></a><span class="s1fb7c5ba4f6241bfb41ec664cac91a1dDefaultParagraphFont">; and</span></p><p dir="ltr" class="s1fb7c5ba4f6241bfb41ec664cac91a1dStatuteNumber2"><span class="s1fb7c5ba4f6241bfb41ec664cac91a1dDefaultParagraphFont">(b)    Operates a virtual currency kiosk in this state;</span></p><p dir="ltr" class="s1fb7c5ba4f6241bfb41ec664cac91a1dStatuteNumber1"><span class="s1fb7c5ba4f6241bfb41ec664cac91a1dDefaultParagraphFont">(4)    "User," a person that uses a virtual currency kiosk for a virtual currency transaction;</span></p><p dir="ltr" class="s1fb7c5ba4f6241bfb41ec664cac91a1dStatuteNumber1"><span class="s1fb7c5ba4f6241bfb41ec664cac91a1dDefaultParagraphFont">(5)    "Virtual currency," a natively electronic asset that confers access, economic, or proprietary powers or rights and is recorded using cryptographically secured distributed ledgers, or substantially similar technology; and</span></p><p dir="ltr" class="s1fb7c5ba4f6241bfb41ec664cac91a1dStatuteNumber1"><span class="s1fb7c5ba4f6241bfb41ec664cac91a1dDefaultParagraphFont">(6)</span><a id="_Hlk218849826" class="s1fb7c5ba4f6241bfb41ec664cac91a1d000000" rel="noopener"></a><span xml:space="preserve" class="s1fb7c5ba4f6241bfb41ec664cac91a1dDefaultParagraphFont">    "Virtual currency kiosk," an:</span></p><p dir="ltr" class="s1fb7c5ba4f6241bfb41ec664cac91a1dStatuteNumber2"><span class="s1fb7c5ba4f6241bfb41ec664cac91a1dDefaultParagraphFont">(a)    Application or product that directs a user to remit payment in person, including through a clerk or other intermediary, for the purpose of completing a virtual currency transaction; or</span></p><p dir="ltr" class="s1fb7c5ba4f6241bfb41ec664cac91a1dStatuteNumber2"><span xml:space="preserve" class="s1fb7c5ba4f6241bfb41ec664cac91a1dDefaultParagraphFont">(b)    </span><a id="_Hlk218849816" class="s1fb7c5ba4f6241bfb41ec664cac91a1d000000" rel="noopener"></a><span class="s1fb7c5ba4f6241bfb41ec664cac91a1dDefaultParagraphFont">Electronic terminal operated by or on behalf of a licensee engaged in virtual currency business activities, or a person acting on behalf of a licensee engaged in virtual currency business activities, whether or not the licensee owns the kiosk or provides custodial services, provided the terminal facilitates the exchange of virtual currency for bank credit, money, or other virtual currency by:</span></p><p dir="ltr" class="s1fb7c5ba4f6241bfb41ec664cac91a1dStatuteNumber3"><span class="s1fb7c5ba4f6241bfb41ec664cac91a1dDefaultParagraphFont">(i)    Connecting to a virtual currency exchange that performs a virtual currency transaction; or</span></p><p dir="ltr" class="s1fb7c5ba4f6241bfb41ec664cac91a1dStatuteNumber3"><span class="s1fb7c5ba4f6241bfb41ec664cac91a1dDefaultParagraphFont">(ii)    Drawing upon virtual currency or funds maintained by the licensee; and</span></p><p dir="ltr" class="s1fb7c5ba4f6241bfb41ec664cac91a1dStatuteNumber1"><span class="s1fb7c5ba4f6241bfb41ec664cac91a1dDefaultParagraphFont">(7)    "Virtual currency transaction," a form of money transmission in which a person, in whole or in part, through a virtual currency kiosk or by other electronic means, exchanges, purchases, sells, or transfers virtual currency.</span></p><p dir="ltr" class="s1fb7c5ba4f6241bfb41ec664cac91a1dNormal"><span xml:space="preserve" class="s1fb7c5ba4f6241bfb41ec664cac91a1d000001"> </span></p><p dir="ltr" class="s1fb7c5ba4f6241bfb41ec664cac91a1dNoIndent"><span xml:space="preserve" class="s1fb7c5ba4f6241bfb41ec664cac91a1dDefaultParagraphFont-000002">Source: </span><span class="s1fb7c5ba4f6241bfb41ec664cac91a1dSCL">SL 2026, ch 193, § 1.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-18 - VIRTUAL CURRENCY KIOSKS</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.sbf42e48cae2a4c65adeb58a0cf6fe908Normal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sbf42e48cae2a4c65adeb58a0cf6fe908SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sbf42e48cae2a4c65adeb58a0cf6fe908CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.sbf42e48cae2a4c65adeb58a0cf6fe908Statute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sbf42e48cae2a4c65adeb58a0cf6fe908DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sbf42e48cae2a4c65adeb58a0cf6fe908000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.sbf42e48cae2a4c65adeb58a0cf6fe908NoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sbf42e48cae2a4c65adeb58a0cf6fe908DefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sbf42e48cae2a4c65adeb58a0cf6fe908SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 51A-18-2 - License to operate."><meta property="og:description" content="SDLRC Codified Law 51A-18-2 - License to operate."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/51A-18-2"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="sbf42e48cae2a4c65adeb58a0cf6fe908Normal"><a href="https://sdlegislature.gov/Statutes?Statute=51A-18-2" rel="noopener"><span class="sbf42e48cae2a4c65adeb58a0cf6fe908SENU">51A-18-2</span></a><span xml:space="preserve" class="sbf42e48cae2a4c65adeb58a0cf6fe908SENU">. </span><span class="sbf42e48cae2a4c65adeb58a0cf6fe908CL">License to operate.</span></p><p dir="ltr" class="sbf42e48cae2a4c65adeb58a0cf6fe908Statute"><span xml:space="preserve" class="sbf42e48cae2a4c65adeb58a0cf6fe908DefaultParagraphFont">Any operator of a virtual currency kiosk in this state must be licensed pursuant to chapter </span><a href="https://sdlegislature.gov/Statutes?Statute=51A-17" rel="noopener"><span class="sbf42e48cae2a4c65adeb58a0cf6fe908DefaultParagraphFont">51A-17</span></a><span xml:space="preserve" class="sbf42e48cae2a4c65adeb58a0cf6fe908DefaultParagraphFont">. The provisions of this chapter are in addition to those in chapter </span><a href="https://sdlegislature.gov/Statutes?Statute=51A-17" rel="noopener"><span class="sbf42e48cae2a4c65adeb58a0cf6fe908DefaultParagraphFont">51A-17</span></a><span class="sbf42e48cae2a4c65adeb58a0cf6fe908DefaultParagraphFont">.</span></p><p dir="ltr" class="sbf42e48cae2a4c65adeb58a0cf6fe908Normal"><span xml:space="preserve" class="sbf42e48cae2a4c65adeb58a0cf6fe908000000"> </span></p><p dir="ltr" class="sbf42e48cae2a4c65adeb58a0cf6fe908NoIndent"><span xml:space="preserve" class="sbf42e48cae2a4c65adeb58a0cf6fe908DefaultParagraphFont-000001">Source: </span><span class="sbf42e48cae2a4c65adeb58a0cf6fe908SCL">SL 2026, ch 193, § 2.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-18 - VIRTUAL CURRENCY KIOSKS</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.sa683496bc2e64d45bd98df1959d7f3f9Normal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sa683496bc2e64d45bd98df1959d7f3f9SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sa683496bc2e64d45bd98df1959d7f3f9CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.sa683496bc2e64d45bd98df1959d7f3f9Statute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sa683496bc2e64d45bd98df1959d7f3f9DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.sa683496bc2e64d45bd98df1959d7f3f9StatuteNumber1 { margin-left: 0.75in; text-indent: -0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.sa683496bc2e64d45bd98df1959d7f3f9000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.sa683496bc2e64d45bd98df1959d7f3f9NoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sa683496bc2e64d45bd98df1959d7f3f9DefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sa683496bc2e64d45bd98df1959d7f3f9SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 51A-18-3 - Renewal report requirements."><meta property="og:description" content="SDLRC Codified Law 51A-18-3 - Renewal report requirements."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/51A-18-3"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="sa683496bc2e64d45bd98df1959d7f3f9Normal"><a href="https://sdlegislature.gov/Statutes?Statute=51A-18-3" rel="noopener"><span class="sa683496bc2e64d45bd98df1959d7f3f9SENU">51A-18-3</span></a><span xml:space="preserve" class="sa683496bc2e64d45bd98df1959d7f3f9SENU">. </span><span class="sa683496bc2e64d45bd98df1959d7f3f9CL">Renewal report requirements.</span></p><p dir="ltr" class="sa683496bc2e64d45bd98df1959d7f3f9Statute"><span xml:space="preserve" class="sa683496bc2e64d45bd98df1959d7f3f9DefaultParagraphFont">In addition to the requirements of § </span><a href="https://sdlegislature.gov/Statutes?Statute=51A-17-70" rel="noopener"><span class="sa683496bc2e64d45bd98df1959d7f3f9DefaultParagraphFont">51A-17-70</span></a><span class="sa683496bc2e64d45bd98df1959d7f3f9DefaultParagraphFont">, the renewal report of a licensee must contain:</span></p><p dir="ltr" class="sa683496bc2e64d45bd98df1959d7f3f9StatuteNumber1"><span class="sa683496bc2e64d45bd98df1959d7f3f9DefaultParagraphFont">(1)    The number, dollar amount of, and gross revenue attributable to, virtual currency transactions conducted via each of the licensee's virtual currency kiosks located in this state;</span></p><p dir="ltr" class="sa683496bc2e64d45bd98df1959d7f3f9StatuteNumber1"><span class="sa683496bc2e64d45bd98df1959d7f3f9DefaultParagraphFont">(2)    A copy of any complaint filed by a user against the licensee with the Better Business Bureau or any state or federal agency, together with a description of the outcome, if any;</span></p><p dir="ltr" class="sa683496bc2e64d45bd98df1959d7f3f9StatuteNumber1"><span class="sa683496bc2e64d45bd98df1959d7f3f9DefaultParagraphFont">(3)    The number and dollar amount of refunds requested by users, together with the number of requests granted, the number of requests denied, and the dollar amount of refunds issued by the licensee;</span></p><p dir="ltr" class="sa683496bc2e64d45bd98df1959d7f3f9StatuteNumber1"><span class="sa683496bc2e64d45bd98df1959d7f3f9DefaultParagraphFont">(4)    The contact details of the licensee's compliance officer;</span></p><p dir="ltr" class="sa683496bc2e64d45bd98df1959d7f3f9StatuteNumber1"><span class="sa683496bc2e64d45bd98df1959d7f3f9DefaultParagraphFont">(5)    The number of physical locations in which the licensee operates a kiosk; and</span></p><p dir="ltr" class="sa683496bc2e64d45bd98df1959d7f3f9StatuteNumber1"><span class="sa683496bc2e64d45bd98df1959d7f3f9DefaultParagraphFont">(6)    The number and dollar amount of suspicious activity reports filed by the licensee pursuant to the Bank Secrecy Act.</span></p><p dir="ltr" class="sa683496bc2e64d45bd98df1959d7f3f9Normal"><span xml:space="preserve" class="sa683496bc2e64d45bd98df1959d7f3f9000000"> </span></p><p dir="ltr" class="sa683496bc2e64d45bd98df1959d7f3f9NoIndent"><span xml:space="preserve" class="sa683496bc2e64d45bd98df1959d7f3f9DefaultParagraphFont-000001">Source: </span><span class="sa683496bc2e64d45bd98df1959d7f3f9SCL">SL 2026, ch 193, § 3.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-18 - VIRTUAL CURRENCY KIOSKS</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.sd11f33400b6f4ae1b87c90a5414b4ddaNormal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sd11f33400b6f4ae1b87c90a5414b4ddaSENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sd11f33400b6f4ae1b87c90a5414b4ddaCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.sd11f33400b6f4ae1b87c90a5414b4ddaStatute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sd11f33400b6f4ae1b87c90a5414b4ddaDefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.sd11f33400b6f4ae1b87c90a5414b4ddaStatuteNumber1 { margin-left: 0.75in; text-indent: -0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } p.sd11f33400b6f4ae1b87c90a5414b4ddaStatuteNumber2 { margin-left: 1.25in; text-indent: -0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.sd11f33400b6f4ae1b87c90a5414b4dda000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.sd11f33400b6f4ae1b87c90a5414b4ddaNoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sd11f33400b6f4ae1b87c90a5414b4ddaDefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sd11f33400b6f4ae1b87c90a5414b4ddaSCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 51A-18-4 - Report of condition requirements."><meta property="og:description" content="SDLRC Codified Law 51A-18-4 - Report of condition requirements."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/51A-18-4"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="sd11f33400b6f4ae1b87c90a5414b4ddaNormal"><a href="https://sdlegislature.gov/Statutes?Statute=51A-18-4" rel="noopener"><span class="sd11f33400b6f4ae1b87c90a5414b4ddaSENU">51A-18-4</span></a><span xml:space="preserve" class="sd11f33400b6f4ae1b87c90a5414b4ddaSENU">. </span><span class="sd11f33400b6f4ae1b87c90a5414b4ddaCL">Report of condition requirements.</span></p><p dir="ltr" class="sd11f33400b6f4ae1b87c90a5414b4ddaStatute"><span xml:space="preserve" class="sd11f33400b6f4ae1b87c90a5414b4ddaDefaultParagraphFont">In addition to the requirements of § </span><a href="https://sdlegislature.gov/Statutes?Statute=51A-17-84" rel="noopener"><span class="sd11f33400b6f4ae1b87c90a5414b4ddaDefaultParagraphFont">51A-17-84</span></a><span class="sd11f33400b6f4ae1b87c90a5414b4ddaDefaultParagraphFont">, the report of condition submitted by a licensee must contain:</span></p><p dir="ltr" class="sd11f33400b6f4ae1b87c90a5414b4ddaStatuteNumber1"><span class="sd11f33400b6f4ae1b87c90a5414b4ddaDefaultParagraphFont">(1)    The licensee's legal name and any fictitious or trade name;</span></p><p dir="ltr" class="sd11f33400b6f4ae1b87c90a5414b4ddaStatuteNumber1"><span class="sd11f33400b6f4ae1b87c90a5414b4ddaDefaultParagraphFont">(2)    The licensee's physical address and the location of each virtual currency kiosk being operated in this state, at the time of the report, by the licensee;</span></p><p dir="ltr" class="sd11f33400b6f4ae1b87c90a5414b4ddaStatuteNumber1"><span class="sd11f33400b6f4ae1b87c90a5414b4ddaDefaultParagraphFont">(3)    The date operation began for each kiosk being operated in this state, at the time of the report, by the licensee;</span></p><p dir="ltr" class="sd11f33400b6f4ae1b87c90a5414b4ddaStatuteNumber1"><span class="sd11f33400b6f4ae1b87c90a5414b4ddaDefaultParagraphFont">(4)    The date operation ceased for any kiosk operated in this state, during the reported quarter, by the licensee;</span></p><p dir="ltr" class="sd11f33400b6f4ae1b87c90a5414b4ddaStatuteNumber1"><span class="sd11f33400b6f4ae1b87c90a5414b4ddaDefaultParagraphFont">(5)    For each kiosk operated by the licensee in this state, any alphanumeric identifier used by the licensee, which:</span></p><p dir="ltr" class="sd11f33400b6f4ae1b87c90a5414b4ddaStatuteNumber2"><span class="sd11f33400b6f4ae1b87c90a5414b4ddaDefaultParagraphFont">(a)    Is associated with a software application or other mechanism that provides the means to access or transfer virtual currency; and</span></p><p dir="ltr" class="sd11f33400b6f4ae1b87c90a5414b4ddaStatuteNumber2"><span class="sd11f33400b6f4ae1b87c90a5414b4ddaDefaultParagraphFont">(b)    Identifies the location to which virtual currency is sent; and</span></p><p dir="ltr" class="sd11f33400b6f4ae1b87c90a5414b4ddaStatuteNumber1"><span class="sd11f33400b6f4ae1b87c90a5414b4ddaDefaultParagraphFont">(6)    The number of virtual currency transactions declined due to a suspicion of fraudulent activity.</span></p><p dir="ltr" class="sd11f33400b6f4ae1b87c90a5414b4ddaNormal"><span xml:space="preserve" class="sd11f33400b6f4ae1b87c90a5414b4dda000000"> </span></p><p dir="ltr" class="sd11f33400b6f4ae1b87c90a5414b4ddaNoIndent"><span xml:space="preserve" class="sd11f33400b6f4ae1b87c90a5414b4ddaDefaultParagraphFont-000001">Source: </span><span class="sd11f33400b6f4ae1b87c90a5414b4ddaSCL">SL 2026, ch 193, § 4.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-18 - VIRTUAL CURRENCY KIOSKS</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s6efc6146a45c482b891c587baac292d6Normal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s6efc6146a45c482b891c587baac292d6SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s6efc6146a45c482b891c587baac292d6CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s6efc6146a45c482b891c587baac292d6Statute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s6efc6146a45c482b891c587baac292d6DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s6efc6146a45c482b891c587baac292d6StatuteNumber1 { margin-left: 0.75in; text-indent: -0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } p.s6efc6146a45c482b891c587baac292d6StatuteNumber2 { margin-left: 1.25in; text-indent: -0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s6efc6146a45c482b891c587baac292d6000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s6efc6146a45c482b891c587baac292d6NoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s6efc6146a45c482b891c587baac292d6DefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s6efc6146a45c482b891c587baac292d6SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 51A-18-5 - Receipt for kiosk transaction required--Contents."><meta property="og:description" content="SDLRC Codified Law 51A-18-5 - Receipt for kiosk transaction required--Contents."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/51A-18-5"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s6efc6146a45c482b891c587baac292d6Normal"><a href="https://sdlegislature.gov/Statutes?Statute=51A-18-5" rel="noopener"><span class="s6efc6146a45c482b891c587baac292d6SENU">51A-18-5</span></a><span xml:space="preserve" class="s6efc6146a45c482b891c587baac292d6SENU">. </span><span class="s6efc6146a45c482b891c587baac292d6CL">Receipt for kiosk transaction required--Contents.</span></p><p dir="ltr" class="s6efc6146a45c482b891c587baac292d6Statute"><span class="s6efc6146a45c482b891c587baac292d6DefaultParagraphFont">For each virtual currency transaction at a licensee's virtual currency kiosk, the licensee shall provide a user with a receipt that:</span></p><p dir="ltr" class="s6efc6146a45c482b891c587baac292d6StatuteNumber1"><span xml:space="preserve" class="s6efc6146a45c482b891c587baac292d6DefaultParagraphFont">(1)    Complies with the requirements of § </span><a href="https://sdlegislature.gov/Statutes?Statute=51A-17-96" rel="noopener"><span class="s6efc6146a45c482b891c587baac292d6DefaultParagraphFont">51A-17-96</span></a><span class="s6efc6146a45c482b891c587baac292d6DefaultParagraphFont">;</span></p><p dir="ltr" class="s6efc6146a45c482b891c587baac292d6StatuteNumber1"><span class="s6efc6146a45c482b891c587baac292d6DefaultParagraphFont">(2)    Is available to the user both electronically and in paper form; and</span></p><p dir="ltr" class="s6efc6146a45c482b891c587baac292d6StatuteNumber1"><span class="s6efc6146a45c482b891c587baac292d6DefaultParagraphFont">(3)    Contains:</span></p><p dir="ltr" class="s6efc6146a45c482b891c587baac292d6StatuteNumber2"><span class="s6efc6146a45c482b891c587baac292d6DefaultParagraphFont">(a)    A description of the type, value, and precise time of the transaction;</span></p><p dir="ltr" class="s6efc6146a45c482b891c587baac292d6StatuteNumber2"><span class="s6efc6146a45c482b891c587baac292d6DefaultParagraphFont">(b)    A list of each applicable virtual currency address, together with any unique identifiers used to permanently reference transactions on distributed ledgers;</span></p><p dir="ltr" class="s6efc6146a45c482b891c587baac292d6StatuteNumber2"><span class="s6efc6146a45c482b891c587baac292d6DefaultParagraphFont">(c)    The exchange rate, to United States dollars;</span></p><p dir="ltr" class="s6efc6146a45c482b891c587baac292d6StatuteNumber2"><span xml:space="preserve" class="s6efc6146a45c482b891c587baac292d6DefaultParagraphFont">(d)    A statement of the refund policy pursuant to § </span><a href="https://sdlegislature.gov/Statutes?Statute=51A-18-7" rel="noopener"><span class="s6efc6146a45c482b891c587baac292d6DefaultParagraphFont">51A-18-7</span></a><span class="s6efc6146a45c482b891c587baac292d6DefaultParagraphFont">; and</span></p><p dir="ltr" class="s6efc6146a45c482b891c587baac292d6StatuteNumber2"><span class="s6efc6146a45c482b891c587baac292d6DefaultParagraphFont">(e)    A full listing of all fees and charges applied to the transaction.</span></p><p dir="ltr" class="s6efc6146a45c482b891c587baac292d6Normal"><span xml:space="preserve" class="s6efc6146a45c482b891c587baac292d6000000"> </span></p><p dir="ltr" class="s6efc6146a45c482b891c587baac292d6NoIndent"><span xml:space="preserve" class="s6efc6146a45c482b891c587baac292d6DefaultParagraphFont-000001">Source: </span><span class="s6efc6146a45c482b891c587baac292d6SCL">SL 2026, ch 193, § 5.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-18 - VIRTUAL CURRENCY KIOSKS</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s105a8300b585480399978a30f7724373Normal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s105a8300b585480399978a30f7724373SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s105a8300b585480399978a30f7724373CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s105a8300b585480399978a30f7724373Statute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s105a8300b585480399978a30f7724373DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s105a8300b585480399978a30f7724373StatuteNumber1 { margin-left: 0.75in; text-indent: -0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } p.s105a8300b585480399978a30f7724373StatuteNumber2 { margin-left: 1.25in; text-indent: -0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s105a8300b585480399978a30f7724373000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s105a8300b585480399978a30f7724373NoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s105a8300b585480399978a30f7724373DefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s105a8300b585480399978a30f7724373SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 51A-18-6 - Mandatory disclosure--User acknowledgment."><meta property="og:description" content="SDLRC Codified Law 51A-18-6 - Mandatory disclosure--User acknowledgment."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/51A-18-6"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s105a8300b585480399978a30f7724373Normal"><a href="https://sdlegislature.gov/Statutes?Statute=51A-18-6" rel="noopener"><span class="s105a8300b585480399978a30f7724373SENU">51A-18-6</span></a><span xml:space="preserve" class="s105a8300b585480399978a30f7724373SENU">. </span><span class="s105a8300b585480399978a30f7724373CL">Mandatory disclosure--User acknowledgment.</span></p><p dir="ltr" class="s105a8300b585480399978a30f7724373Statute"><span class="s105a8300b585480399978a30f7724373DefaultParagraphFont">For each virtual currency transaction at a licensee's virtual currency kiosk, the licensee shall provide a user a disclosure that:</span></p><p dir="ltr" class="s105a8300b585480399978a30f7724373StatuteNumber1"><span class="s105a8300b585480399978a30f7724373DefaultParagraphFont">(1)    Is written in a clear, conspicuous, and easily readable manner;</span></p><p dir="ltr" class="s105a8300b585480399978a30f7724373StatuteNumber1"><span class="s105a8300b585480399978a30f7724373DefaultParagraphFont">(2)    Is in the chosen language of the user;</span></p><p dir="ltr" class="s105a8300b585480399978a30f7724373StatuteNumber1"><span class="s105a8300b585480399978a30f7724373DefaultParagraphFont">(3)    Describes the material risks associated with the transaction, including that:</span></p><p dir="ltr" class="s105a8300b585480399978a30f7724373StatuteNumber2"><span class="s105a8300b585480399978a30f7724373DefaultParagraphFont">(a)    Virtual currency is not issued or backed by the United States government and is not legal tender;</span></p><p dir="ltr" class="s105a8300b585480399978a30f7724373StatuteNumber2"><span class="s105a8300b585480399978a30f7724373DefaultParagraphFont">(b)    Virtual currency is not subject to protections by the Federal Deposit Insurance Corporation, National Credit Union Administration, or Securities Investor Protection Corporation; and</span></p><p dir="ltr" class="s105a8300b585480399978a30f7724373StatuteNumber2"><span class="s105a8300b585480399978a30f7724373DefaultParagraphFont">(c)    The value of the virtual currency relative to the United States dollar may fluctuate significantly;</span></p><p dir="ltr" class="s105a8300b585480399978a30f7724373StatuteNumber1"><span class="s105a8300b585480399978a30f7724373DefaultParagraphFont">(4)    States the name, address, and telephone number of the licensee and the days and times a user may contact the licensee for assistance;</span></p><p dir="ltr" class="s105a8300b585480399978a30f7724373StatuteNumber1"><span class="s105a8300b585480399978a30f7724373DefaultParagraphFont">(5)    Contains a prominent warning in bold type, provided separately from the other disclosure provisions, which states that:</span></p><p dir="ltr" class="s105a8300b585480399978a30f7724373StatuteNumber2"><span class="s105a8300b585480399978a30f7724373DefaultParagraphFont">(a)    This technology may be used to defraud a user;</span></p><p dir="ltr" class="s105a8300b585480399978a30f7724373StatuteNumber2"><span class="s105a8300b585480399978a30f7724373DefaultParagraphFont">(b)    If the user is asked to deposit money at the kiosk by someone who claims to be a friend or family member in a telephone call or electronic message, a government agent, a computer software representative, a bill collector, a law enforcement officer, or anyone not known personally by the user, the transaction should be stopped immediately and local law enforcement and the kiosk operator should be notified; and</span></p><p dir="ltr" class="s105a8300b585480399978a30f7724373StatuteNumber2"><span class="s105a8300b585480399978a30f7724373DefaultParagraphFont">(c)    The user should not send money to anyone not known personally by the user; and</span></p><p dir="ltr" class="s105a8300b585480399978a30f7724373StatuteNumber1"><span class="s105a8300b585480399978a30f7724373DefaultParagraphFont">(6)    Provides a full listing of all fees and charges applied to the transaction.</span></p><p dir="ltr" class="s105a8300b585480399978a30f7724373Statute"><span class="s105a8300b585480399978a30f7724373DefaultParagraphFont">The licensee shall cause contact information for any relevant state and local law enforcement and government agencies for reporting fraud to be displayed on the kiosk, at the location of the kiosk, or on the kiosk's first screen that is visible to the user.</span></p><p dir="ltr" class="s105a8300b585480399978a30f7724373Statute"><span xml:space="preserve" class="s105a8300b585480399978a30f7724373DefaultParagraphFont">Any time a user engages with a kiosk, the user must acknowledge receipt of all disclosures required pursuant to this section and must confirm the user's consent to use the kiosk, and the kiosk must transmit notice of the user's acknowledgment and confirmation to the licensee. Acknowledgment of the disclosures required by this section does not affect or prevent a fraud victim's eligibility for a refund pursuant to § </span><a href="https://sdlegislature.gov/Statutes?Statute=51A-18-7" rel="noopener"><span class="s105a8300b585480399978a30f7724373DefaultParagraphFont">51A-18-7</span></a><span class="s105a8300b585480399978a30f7724373DefaultParagraphFont">.</span></p><p dir="ltr" class="s105a8300b585480399978a30f7724373Normal"><span xml:space="preserve" class="s105a8300b585480399978a30f7724373000000"> </span></p><p dir="ltr" class="s105a8300b585480399978a30f7724373NoIndent"><span xml:space="preserve" class="s105a8300b585480399978a30f7724373DefaultParagraphFont-000001">Source: </span><span class="s105a8300b585480399978a30f7724373SCL">SL 2026, ch 193, § 6.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-18 - VIRTUAL CURRENCY KIOSKS</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s876dbded601b4baab9828ee553e27c81Normal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s876dbded601b4baab9828ee553e27c81SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s876dbded601b4baab9828ee553e27c81CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s876dbded601b4baab9828ee553e27c81Statute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s876dbded601b4baab9828ee553e27c81DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s876dbded601b4baab9828ee553e27c81StatuteNumber1 { margin-left: 0.75in; text-indent: -0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s876dbded601b4baab9828ee553e27c81000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s876dbded601b4baab9828ee553e27c81NoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s876dbded601b4baab9828ee553e27c81DefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s876dbded601b4baab9828ee553e27c81SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 51A-18-7 - User refund for fraud--Conditions--Deadline to refund."><meta property="og:description" content="SDLRC Codified Law 51A-18-7 - User refund for fraud--Conditions--Deadline to refund."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/51A-18-7"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s876dbded601b4baab9828ee553e27c81Normal"><a href="https://sdlegislature.gov/Statutes?Statute=51A-18-7" rel="noopener"><span class="s876dbded601b4baab9828ee553e27c81SENU">51A-18-7</span></a><span xml:space="preserve" class="s876dbded601b4baab9828ee553e27c81SENU">. </span><span class="s876dbded601b4baab9828ee553e27c81CL">User refund for fraud--Conditions--Deadline to refund.</span></p><p dir="ltr" class="s876dbded601b4baab9828ee553e27c81Statute"><span class="s876dbded601b4baab9828ee553e27c81DefaultParagraphFont">A licensee shall issue a full refund to any user that:</span></p><p dir="ltr" class="s876dbded601b4baab9828ee553e27c81StatuteNumber1"><span class="s876dbded601b4baab9828ee553e27c81DefaultParagraphFont">(1)    Is the victim of a fraudulent virtual currency transaction involving a virtual currency kiosk operated by the licensee;</span></p><p dir="ltr" class="s876dbded601b4baab9828ee553e27c81StatuteNumber1"><span class="s876dbded601b4baab9828ee553e27c81DefaultParagraphFont">(2)    Within ninety days after the last occurrence of fraud or of becoming aware of the fraud, informs the licensee of all fraudulent transactions at issue; and</span></p><p dir="ltr" class="s876dbded601b4baab9828ee553e27c81StatuteNumber1"><span class="s876dbded601b4baab9828ee553e27c81DefaultParagraphFont">(3)    Within one hundred twenty days after contacting the licensee, submits to the licensee a copy of any police report or government agency report or a sworn statement detailing all known fraudulent activity.</span></p><p dir="ltr" class="s876dbded601b4baab9828ee553e27c81Statute"><span class="s876dbded601b4baab9828ee553e27c81DefaultParagraphFont">Within seventy-two hours of the user's satisfaction of all conditions in this section, the licensee must issue a full refund to the user, including all charges paid by the user in connection with the fraudulent transaction.</span></p><p dir="ltr" class="s876dbded601b4baab9828ee553e27c81Normal"><span xml:space="preserve" class="s876dbded601b4baab9828ee553e27c81000000"> </span></p><p dir="ltr" class="s876dbded601b4baab9828ee553e27c81NoIndent"><span xml:space="preserve" class="s876dbded601b4baab9828ee553e27c81DefaultParagraphFont-000001">Source: </span><span class="s876dbded601b4baab9828ee553e27c81SCL">SL 2026, ch 193, § 7.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-18 - VIRTUAL CURRENCY KIOSKS</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s333d7409784a4049b17f39c90675f7a0Normal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s333d7409784a4049b17f39c90675f7a0SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s333d7409784a4049b17f39c90675f7a0CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s333d7409784a4049b17f39c90675f7a0Statute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s333d7409784a4049b17f39c90675f7a0DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s333d7409784a4049b17f39c90675f7a0StatuteNumber1 { margin-left: 0.75in; text-indent: -0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s333d7409784a4049b17f39c90675f7a0000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s333d7409784a4049b17f39c90675f7a0NoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s333d7409784a4049b17f39c90675f7a0DefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s333d7409784a4049b17f39c90675f7a0SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 51A-18-8 - Transaction limits."><meta property="og:description" content="SDLRC Codified Law 51A-18-8 - Transaction limits."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/51A-18-8"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s333d7409784a4049b17f39c90675f7a0Normal"><a href="https://sdlegislature.gov/Statutes?Statute=51A-18-8" rel="noopener"><span class="s333d7409784a4049b17f39c90675f7a0SENU">51A-18-8</span></a><span xml:space="preserve" class="s333d7409784a4049b17f39c90675f7a0SENU">. </span><span class="s333d7409784a4049b17f39c90675f7a0CL">Transaction limits.</span></p><p dir="ltr" class="s333d7409784a4049b17f39c90675f7a0Statute"><span class="s333d7409784a4049b17f39c90675f7a0DefaultParagraphFont">A licensee shall establish:</span></p><p dir="ltr" class="s333d7409784a4049b17f39c90675f7a0StatuteNumber1"><span class="s333d7409784a4049b17f39c90675f7a0DefaultParagraphFont">(1)    A daily transaction limit not exceeding one thousand dollars, or the equivalent in virtual currency, for any user; and</span></p><p dir="ltr" class="s333d7409784a4049b17f39c90675f7a0StatuteNumber1"><span class="s333d7409784a4049b17f39c90675f7a0DefaultParagraphFont">(2)    A thirty-day virtual currency transaction limit not exceeding ten thousand dollars, or the equivalent in virtual currency, for any user.</span></p><p dir="ltr" class="s333d7409784a4049b17f39c90675f7a0Statute"><span class="s333d7409784a4049b17f39c90675f7a0DefaultParagraphFont">The transaction limits and protections provided for in this chapter apply to all products and services offered through the licensee's virtual currency kiosk. Any alternative product or service of the licensee, including affiliated kiosks, online portals for purchases, and over-the-counter transactions, may not be used to circumvent or exceed the prescribed limits.</span></p><p dir="ltr" class="s333d7409784a4049b17f39c90675f7a0Normal"><span xml:space="preserve" class="s333d7409784a4049b17f39c90675f7a0000000"> </span></p><p dir="ltr" class="s333d7409784a4049b17f39c90675f7a0NoIndent"><span xml:space="preserve" class="s333d7409784a4049b17f39c90675f7a0DefaultParagraphFont-000001">Source: </span><span class="s333d7409784a4049b17f39c90675f7a0SCL">SL 2026, ch 193, § 8.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-18 - VIRTUAL CURRENCY KIOSKS</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s5f797585bb144e489953d6427e2df3fdNormal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s5f797585bb144e489953d6427e2df3fdSENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s5f797585bb144e489953d6427e2df3fdCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s5f797585bb144e489953d6427e2df3fdStatute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s5f797585bb144e489953d6427e2df3fdDefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s5f797585bb144e489953d6427e2df3fd000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s5f797585bb144e489953d6427e2df3fdNoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s5f797585bb144e489953d6427e2df3fdDefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s5f797585bb144e489953d6427e2df3fdSCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 51A-18-9 - Transaction fee maximum."><meta property="og:description" content="SDLRC Codified Law 51A-18-9 - Transaction fee maximum."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/51A-18-9"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s5f797585bb144e489953d6427e2df3fdNormal"><a href="https://sdlegislature.gov/Statutes?Statute=51A-18-9" rel="noopener"><span class="s5f797585bb144e489953d6427e2df3fdSENU">51A-18-9</span></a><span xml:space="preserve" class="s5f797585bb144e489953d6427e2df3fdSENU">. </span><span class="s5f797585bb144e489953d6427e2df3fdCL">Transaction fee maximum.</span></p><p dir="ltr" class="s5f797585bb144e489953d6427e2df3fdStatute"><span class="s5f797585bb144e489953d6427e2df3fdDefaultParagraphFont">A licensee may not collect charges from a user related to a single virtual currency transaction, whether directly or indirectly, exceeding twenty-five percent of the amount of the transaction.</span></p><p dir="ltr" class="s5f797585bb144e489953d6427e2df3fdNormal"><span xml:space="preserve" class="s5f797585bb144e489953d6427e2df3fd000000"> </span></p><p dir="ltr" class="s5f797585bb144e489953d6427e2df3fdNoIndent"><span xml:space="preserve" class="s5f797585bb144e489953d6427e2df3fdDefaultParagraphFont-000001">Source: </span><span class="s5f797585bb144e489953d6427e2df3fdSCL">SL 2026, ch 193, § 9.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-18 - VIRTUAL CURRENCY KIOSKS</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s8990a191b3bf4dce9f784aecd26555c8Normal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s8990a191b3bf4dce9f784aecd26555c8SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s8990a191b3bf4dce9f784aecd26555c8CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s8990a191b3bf4dce9f784aecd26555c8Statute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s8990a191b3bf4dce9f784aecd26555c8DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s8990a191b3bf4dce9f784aecd26555c8000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s8990a191b3bf4dce9f784aecd26555c8NoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s8990a191b3bf4dce9f784aecd26555c8DefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s8990a191b3bf4dce9f784aecd26555c8SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 51A-18-10 - Customer service."><meta property="og:description" content="SDLRC Codified Law 51A-18-10 - Customer service."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/51A-18-10"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s8990a191b3bf4dce9f784aecd26555c8Normal"><a href="https://sdlegislature.gov/Statutes?Statute=51A-18-10" rel="noopener"><span class="s8990a191b3bf4dce9f784aecd26555c8SENU">51A-18-10</span></a><span xml:space="preserve" class="s8990a191b3bf4dce9f784aecd26555c8SENU">. </span><span class="s8990a191b3bf4dce9f784aecd26555c8CL">Customer service.</span></p><p dir="ltr" class="s8990a191b3bf4dce9f784aecd26555c8Statute"><span class="s8990a191b3bf4dce9f784aecd26555c8DefaultParagraphFont">At a minimum, a licensee shall provide live customer service during the hours between 8:00 a.m. to 10:00 p.m. local time. A toll-free telephone number must be displayed on the virtual currency kiosk or the kiosk's screen.</span></p><p dir="ltr" class="s8990a191b3bf4dce9f784aecd26555c8Normal"><span xml:space="preserve" class="s8990a191b3bf4dce9f784aecd26555c8000000"> </span></p><p dir="ltr" class="s8990a191b3bf4dce9f784aecd26555c8NoIndent"><span xml:space="preserve" class="s8990a191b3bf4dce9f784aecd26555c8DefaultParagraphFont-000001">Source: </span><span class="s8990a191b3bf4dce9f784aecd26555c8SCL">SL 2026, ch 193, § 10.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-18 - VIRTUAL CURRENCY KIOSKS</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.se23acef200084641bf5b000bac8b4c7fNormal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.se23acef200084641bf5b000bac8b4c7fSENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.se23acef200084641bf5b000bac8b4c7fCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.se23acef200084641bf5b000bac8b4c7fStatute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.se23acef200084641bf5b000bac8b4c7fDefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.se23acef200084641bf5b000bac8b4c7f000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.se23acef200084641bf5b000bac8b4c7fNoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.se23acef200084641bf5b000bac8b4c7fDefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.se23acef200084641bf5b000bac8b4c7fSCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 51A-18-11 - Dedicated law enforcement communication--Cooperation."><meta property="og:description" content="SDLRC Codified Law 51A-18-11 - Dedicated law enforcement communication--Cooperation."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/51A-18-11"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="se23acef200084641bf5b000bac8b4c7fNormal"><a href="https://sdlegislature.gov/Statutes?Statute=51A-18-11" rel="noopener"><span class="se23acef200084641bf5b000bac8b4c7fSENU">51A-18-11</span></a><span xml:space="preserve" class="se23acef200084641bf5b000bac8b4c7fSENU">. </span><span class="se23acef200084641bf5b000bac8b4c7fCL">Dedicated law enforcement communication--Cooperation.</span></p><p dir="ltr" class="se23acef200084641bf5b000bac8b4c7fStatute"><span class="se23acef200084641bf5b000bac8b4c7fDefaultParagraphFont">A licensee shall provide a dedicated telephone line or email address for facilitating law enforcement and regulatory agency communications in the event of a report of fraud from a user. The licensee must ensure the telephone line or email address is monitored frequently.</span></p><p dir="ltr" class="se23acef200084641bf5b000bac8b4c7fStatute"><span class="se23acef200084641bf5b000bac8b4c7fDefaultParagraphFont">Upon request from a law enforcement or regulatory agency, the licensee must provide relevant findings and grant the requestor assistance in any investigation related to potential fraud.</span></p><p dir="ltr" class="se23acef200084641bf5b000bac8b4c7fNormal"><span xml:space="preserve" class="se23acef200084641bf5b000bac8b4c7f000000"> </span></p><p dir="ltr" class="se23acef200084641bf5b000bac8b4c7fNoIndent"><span xml:space="preserve" class="se23acef200084641bf5b000bac8b4c7fDefaultParagraphFont-000001">Source: </span><span class="se23acef200084641bf5b000bac8b4c7fSCL">SL 2026, ch 193, § 11.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-18 - VIRTUAL CURRENCY KIOSKS</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.sba51236502704cd786d07c5e7b53d56fNormal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sba51236502704cd786d07c5e7b53d56fSENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sba51236502704cd786d07c5e7b53d56fCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.sba51236502704cd786d07c5e7b53d56fStatute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sba51236502704cd786d07c5e7b53d56fDefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.sba51236502704cd786d07c5e7b53d56fStatuteNumber1 { margin-left: 0.75in; text-indent: -0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.sba51236502704cd786d07c5e7b53d56f000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.sba51236502704cd786d07c5e7b53d56fNoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sba51236502704cd786d07c5e7b53d56fDefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sba51236502704cd786d07c5e7b53d56fSCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 51A-18-12 - Fraud and money laundering prevention--Policy."><meta property="og:description" content="SDLRC Codified Law 51A-18-12 - Fraud and money laundering prevention--Policy."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/51A-18-12"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="sba51236502704cd786d07c5e7b53d56fNormal"><a href="https://sdlegislature.gov/Statutes?Statute=51A-18-12" rel="noopener"><span class="sba51236502704cd786d07c5e7b53d56fSENU">51A-18-12</span></a><span xml:space="preserve" class="sba51236502704cd786d07c5e7b53d56fSENU">. </span><span class="sba51236502704cd786d07c5e7b53d56fCL">Fraud and money laundering prevention--Policy.</span></p><p dir="ltr" class="sba51236502704cd786d07c5e7b53d56fStatute"><span class="sba51236502704cd786d07c5e7b53d56fDefaultParagraphFont">A licensee shall take reasonable steps to detect and prevent fraud and money laundering, including establishing and maintaining a written anti-fraud policy and complying with the requirements of the Bank Secrecy Act, 31 U.S.C. §§ 5311 to 5336, inclusive (January 1, 2026).</span></p><p dir="ltr" class="sba51236502704cd786d07c5e7b53d56fStatute"><span class="sba51236502704cd786d07c5e7b53d56fDefaultParagraphFont">The policy must include:</span></p><p dir="ltr" class="sba51236502704cd786d07c5e7b53d56fStatuteNumber1"><span class="sba51236502704cd786d07c5e7b53d56fDefaultParagraphFont">(1)    Mechanisms to identify and assess risks associated with fraud and money laundering;</span></p><p dir="ltr" class="sba51236502704cd786d07c5e7b53d56fStatuteNumber1"><span class="sba51236502704cd786d07c5e7b53d56fDefaultParagraphFont">(2)    Controls and procedures to protect against identified risks;</span></p><p dir="ltr" class="sba51236502704cd786d07c5e7b53d56fStatuteNumber1"><span class="sba51236502704cd786d07c5e7b53d56fDefaultParagraphFont">(3)    An allocation of responsibility for monitoring risks; and</span></p><p dir="ltr" class="sba51236502704cd786d07c5e7b53d56fStatuteNumber1"><span class="sba51236502704cd786d07c5e7b53d56fDefaultParagraphFont">(4)    Procedures for the periodic evaluation and revision of the policy's procedures, controls, monitoring, and other mechanisms.</span></p><p dir="ltr" class="sba51236502704cd786d07c5e7b53d56fNormal"><span xml:space="preserve" class="sba51236502704cd786d07c5e7b53d56f000000"> </span></p><p dir="ltr" class="sba51236502704cd786d07c5e7b53d56fNoIndent"><span xml:space="preserve" class="sba51236502704cd786d07c5e7b53d56fDefaultParagraphFont-000001">Source: </span><span class="sba51236502704cd786d07c5e7b53d56fSCL">SL 2026, ch 193, § 12.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-18 - VIRTUAL CURRENCY KIOSKS</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.sdbbf8d9abab6416fbeb24f534a95bbd8Normal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sdbbf8d9abab6416fbeb24f534a95bbd8SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sdbbf8d9abab6416fbeb24f534a95bbd8CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.sdbbf8d9abab6416fbeb24f534a95bbd8Statute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sdbbf8d9abab6416fbeb24f534a95bbd8DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sdbbf8d9abab6416fbeb24f534a95bbd8000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.sdbbf8d9abab6416fbeb24f534a95bbd8NoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sdbbf8d9abab6416fbeb24f534a95bbd8DefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sdbbf8d9abab6416fbeb24f534a95bbd8SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 51A-18-13 - Fraud prevention software--Certain transfers blocked."><meta property="og:description" content="SDLRC Codified Law 51A-18-13 - Fraud prevention software--Certain transfers blocked."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/51A-18-13"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="sdbbf8d9abab6416fbeb24f534a95bbd8Normal"><a href="https://sdlegislature.gov/Statutes?Statute=51A-18-13" rel="noopener"><span class="sdbbf8d9abab6416fbeb24f534a95bbd8SENU">51A-18-13</span></a><span xml:space="preserve" class="sdbbf8d9abab6416fbeb24f534a95bbd8SENU">. </span><span class="sdbbf8d9abab6416fbeb24f534a95bbd8CL">Fraud prevention software--Certain transfers blocked.</span></p><p dir="ltr" class="sdbbf8d9abab6416fbeb24f534a95bbd8Statute"><span class="sdbbf8d9abab6416fbeb24f534a95bbd8DefaultParagraphFont">A licensee shall employ software that analyzes data from publicly accessible distributed ledgers and traces addresses capable of sending or receiving virtual currency to identify risk indicators, including any address used to access or transfer virtual currency for fraudulent or other illicit purposes.</span></p><p dir="ltr" class="sdbbf8d9abab6416fbeb24f534a95bbd8Statute"><span class="sdbbf8d9abab6416fbeb24f534a95bbd8DefaultParagraphFont">The software must prevent the initiation of any transaction if, at the time of the transaction, the destination address is reasonably likely or known to be connected to fraudulent activity.</span></p><p dir="ltr" class="sdbbf8d9abab6416fbeb24f534a95bbd8Statute"><span class="sdbbf8d9abab6416fbeb24f534a95bbd8DefaultParagraphFont">The licensee shall block transfers to addresses associated with overseas platforms that do not permit access by users in the United States.</span></p><p dir="ltr" class="sdbbf8d9abab6416fbeb24f534a95bbd8Normal"><span xml:space="preserve" class="sdbbf8d9abab6416fbeb24f534a95bbd8000000"> </span></p><p dir="ltr" class="sdbbf8d9abab6416fbeb24f534a95bbd8NoIndent"><span xml:space="preserve" class="sdbbf8d9abab6416fbeb24f534a95bbd8DefaultParagraphFont-000001">Source: </span><span class="sdbbf8d9abab6416fbeb24f534a95bbd8SCL">SL 2026, ch 193, § 13.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-18 - VIRTUAL CURRENCY KIOSKS</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.sf0c894db87264e499e4a65eb6ff69a24Normal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sf0c894db87264e499e4a65eb6ff69a24SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sf0c894db87264e499e4a65eb6ff69a24CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.sf0c894db87264e499e4a65eb6ff69a24Statute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sf0c894db87264e499e4a65eb6ff69a24DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.sf0c894db87264e499e4a65eb6ff69a24StatuteNumber1 { margin-left: 0.75in; text-indent: -0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.sf0c894db87264e499e4a65eb6ff69a24000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.sf0c894db87264e499e4a65eb6ff69a24NoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sf0c894db87264e499e4a65eb6ff69a24DefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sf0c894db87264e499e4a65eb6ff69a24SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 51A-18-14 - Verification of user identity--Strict liability."><meta property="og:description" content="SDLRC Codified Law 51A-18-14 - Verification of user identity--Strict liability."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/51A-18-14"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="sf0c894db87264e499e4a65eb6ff69a24Normal"><a href="https://sdlegislature.gov/Statutes?Statute=51A-18-14" rel="noopener"><span class="sf0c894db87264e499e4a65eb6ff69a24SENU">51A-18-14</span></a><span xml:space="preserve" class="sf0c894db87264e499e4a65eb6ff69a24SENU">. </span><span class="sf0c894db87264e499e4a65eb6ff69a24CL">Verification of user identity--Strict liability.</span></p><p dir="ltr" class="sf0c894db87264e499e4a65eb6ff69a24Statute"><span class="sf0c894db87264e499e4a65eb6ff69a24DefaultParagraphFont">For each virtual currency transaction at a licensee's virtual currency kiosk, the licensee shall verify the identity of a user prior to accepting payment from the user. The licensee shall:</span></p><p dir="ltr" class="sf0c894db87264e499e4a65eb6ff69a24StatuteNumber1"><span class="sf0c894db87264e499e4a65eb6ff69a24DefaultParagraphFont">(1)    Obtain a copy of a government-issued identification card that identifies the user; and</span></p><p dir="ltr" class="sf0c894db87264e499e4a65eb6ff69a24StatuteNumber1"><span class="sf0c894db87264e499e4a65eb6ff69a24DefaultParagraphFont">(2)    Collect additional user information, including the user's full legal name, date of birth, telephone number, mailing and physical addresses, and email address, prior to accepting a payment from a user.</span></p><p dir="ltr" class="sf0c894db87264e499e4a65eb6ff69a24Statute"><span class="sf0c894db87264e499e4a65eb6ff69a24DefaultParagraphFont">The licensee may not allow a user to engage in a transaction at the kiosk using any name, account, or identity that does not belong to the user.</span></p><p dir="ltr" class="sf0c894db87264e499e4a65eb6ff69a24Statute"><span class="sf0c894db87264e499e4a65eb6ff69a24DefaultParagraphFont">The licensee is strictly liable for any violation of this section.</span></p><p dir="ltr" class="sf0c894db87264e499e4a65eb6ff69a24Normal"><span xml:space="preserve" class="sf0c894db87264e499e4a65eb6ff69a24000000"> </span></p><p dir="ltr" class="sf0c894db87264e499e4a65eb6ff69a24NoIndent"><span xml:space="preserve" class="sf0c894db87264e499e4a65eb6ff69a24DefaultParagraphFont-000001">Source: </span><span class="sf0c894db87264e499e4a65eb6ff69a24SCL">SL 2026, ch 193, § 14.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 51A-18 - VIRTUAL CURRENCY KIOSKS</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s3c3072bdb4eb44d595446cbdf4611bd1Normal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s3c3072bdb4eb44d595446cbdf4611bd1SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s3c3072bdb4eb44d595446cbdf4611bd1CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s3c3072bdb4eb44d595446cbdf4611bd1Statute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s3c3072bdb4eb44d595446cbdf4611bd1DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s3c3072bdb4eb44d595446cbdf4611bd1000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s3c3072bdb4eb44d595446cbdf4611bd1NoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s3c3072bdb4eb44d595446cbdf4611bd1DefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s3c3072bdb4eb44d595446cbdf4611bd1SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 51A-18-15 - Training and education."><meta property="og:description" content="SDLRC Codified Law 51A-18-15 - Training and education."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/51A-18-15"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s3c3072bdb4eb44d595446cbdf4611bd1Normal"><a href="https://sdlegislature.gov/Statutes?Statute=51A-18-15" rel="noopener"><span class="s3c3072bdb4eb44d595446cbdf4611bd1SENU">51A-18-15</span></a><span xml:space="preserve" class="s3c3072bdb4eb44d595446cbdf4611bd1SENU">. </span><span class="s3c3072bdb4eb44d595446cbdf4611bd1CL">Training and education.</span></p><p dir="ltr" class="s3c3072bdb4eb44d595446cbdf4611bd1Statute"><span class="s3c3072bdb4eb44d595446cbdf4611bd1DefaultParagraphFont">On an annual basis, a licensee shall provide external virtual currency kiosk staff with training materials that describe ways users may be exploited in virtual currency transactions involving kiosks, including indicators that a user may be the victim of fraud.</span></p><p dir="ltr" class="s3c3072bdb4eb44d595446cbdf4611bd1Statute"><span class="s3c3072bdb4eb44d595446cbdf4611bd1DefaultParagraphFont">The licensee may not prohibit or prevent staff at the location of the kiosk from educating users about fraud.</span></p><p dir="ltr" class="s3c3072bdb4eb44d595446cbdf4611bd1Normal"><span xml:space="preserve" class="s3c3072bdb4eb44d595446cbdf4611bd1000000"> </span></p><p dir="ltr" class="s3c3072bdb4eb44d595446cbdf4611bd1NoIndent"><span xml:space="preserve" class="s3c3072bdb4eb44d595446cbdf4611bd1DefaultParagraphFont-000001">Source: </span><span class="s3c3072bdb4eb44d595446cbdf4611bd1SCL">SL 2026, ch 193, § 15.</span></p></div></body></html>