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S.D. Codified Laws § 51A-18-8

Transaction limits

Source: SL 2026, ch 193, § 8.

Effective July 1, 2026

51A-18-8. Transaction limits.

A licensee shall establish:

(1) A daily transaction limit not exceeding one thousand dollars, or the equivalent in virtual currency, for any user; and

(2) A thirty-day virtual currency transaction limit not exceeding ten thousand dollars, or the equivalent in virtual currency, for any user.

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.

Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.