Prohibits unlicensed activities of virtual currency businesses

This bill requires virtual currency businesses (like exchanges or wallet services) operating in the state to hold a valid license. It prohibits unlicensed operations and imposes escalating criminal penalties based on the value of transactions: misdemeanors for basic violations, and felonies (ranging from class E to class C) for unlicensed activities involving $25,000+ in 30 days or $250,000+ yearly, with higher thresholds triggering more severe penalties. The law directly affects anyone conducting virtual currency transactions without state authorization, establishing clear financial thresholds that determine the severity of criminal charges.