Technology (Consumer Data Protection)

This bill, known as the Cryptocurrency Kiosk Fraud Prevention Act, prohibits the installation and operation of cryptocurrency kiosks in Michigan. It defines these kiosks as electronic terminals that allow users to buy, sell, or exchange digital currencies for traditional money. The law applies to all individuals and businesses, preventing them from setting up or allowing these terminals on any property they own or control. Violations of the ban result in civil fines ranging from $2,000 to $5,000 for a first offense and $5,000 to $10,000 for subsequent offenses.

HB 4263 prohibits sellers from using automated programs to bypass purchase limits during online ticket sales for concerts, sports events, and other public entertainment events requiring admission fees. It bans circumventing security systems that enforce ticket limits, electronic queues, or fraud checks, targeting practices like bot-driven bulk purchases. The law directly affects ticket sellers (who must implement these security measures) and buyers attempting to use automated tools to bypass restrictions. This creates new requirements for online ticket sales to ensure fair access to event tickets.