Consumer protection: other; cryptocurrency kiosks; prohibit the installation and operation of. Creates new act.

1. **ONE-SENTENCE SUMMARY:** This bill prohibits the installation and operation of cryptocurrency kiosks in Michigan. 2. **KEY REQUIREMENTS:** - Do not install or operate cryptocurrency kiosks in Michigan. 3. **DEADLINES:** - The bill is currently introduced and does not have an effective date yet; keep an eye on legislative updates. 4. **PENALTIES:** - Violating this law could lead to fines or other enforcement actions, but specific penalties are not detailed in the current text. 5. **SMB IMPACT:** Small businesses will need to ensure they do not engage in the installation or operation of cryptocurrency kiosks, which may affect those considering this technology for customer transactions. This bill simplifies compliance by eliminating the option altogether.