(a) A virtual currency kiosk operator shall ensure that the virtual currency kiosk does not, in connection with virtual currency services for a single person in the State using one or more virtual currency kiosks, accept or dispense in a single day an amount of cash, including value downloaded through prepaid access, as defined in § 12–401 of this title, or the equivalent in credit that exceeds:
(1) For a new user, $2,000; or
(2) For an experienced user, $10,500.
(b) A virtual currency kiosk operator:
(1) May not impose a fee in excess of the greater of:
(i) $5; or
(ii) 15% of the amount of a virtual currency service transaction; and
(2) Shall refund any fee imposed on a transaction that is verified as fraudulent in a manner established by the Commissioner through regulation.
(c) A virtual currency kiosk operator shall collect the following information from a person before accepting cash or credit in connection with a virtual currency service from the person:
(1) Name;
(2) Date of birth;
(3) Mailing address;
(4) Electronic mail address;
(5) Phone number; and
(6) A copy of the person’s government–issued identification.
(d) At the end of a virtual currency transaction, the virtual currency kiosk operator shall dispense or display a receipt that includes:
(1) The type of virtual currency sold or purchased;
(2) The value of the virtual currency sold or purchased, including the requisite exchange rate for the virtual currency;
(3) The date and time of the transaction;
(4) Identifying information for the virtual currency kiosk;
(5) The toll–free number for customer support; and
(6) Any other information that the Commissioner requires through regulation.