Notice of Final Action: Virtual Currency Kiosks - Financial Regulation
March 24, 2026
The Commissioner of Financial Regulation has adopted Regulations .01 through .10 under new chapter, COMAR 09.03.16 Virtual Currency Kiosks.
To view the final rule, see the Maryland Register, Volume 53, Issue 6, Page 285 (issued March 20, 2026). The final rule goes into effect on March 30, 2026.
The purpose of this action is to ensure Maryland’s virtual currency kiosks can register in compliance with the Legislature’s adoption of Ch. 117 (S.B. 305), Acts of 2025, which created a registration requirement for virtual currency kiosk operators and created a registration requirement for each virtual currency kiosk.
This action establishes the Office of Financial Regulation’s (OFR’s) registration regulations by adding:
- Definitions for certain undefined terms used for virtual currency kiosks;
- A description of the registration procedure for kiosk operators and kiosks;
- Procedures for fee refunds;
- A description of the fraud prevention requirements;
- A description of the communications and notice requirements;
- A description of the lighting, safety, and signage required;
- A description of the screen disclosures timing;
- A description of the information required on receipts; and
- A description of the annual report required.
Questions
Please send questions to Clifford J. Charland, Assistant Commissioner, Office of Financial Regulation, by email at [email protected] or by phone at 410-230-6167.