Relating to: virtual currency kiosks.

AB 384 regulates virtual currency kiosks (machines that exchange cash for cryptocurrency or vice versa) by requiring operators to obtain state licenses, display a specific fraud warning before every transaction, and verify customer identities using government ID and photos. It limits daily transactions to $1,000 in cash, caps fees at $5 or 3% of the transaction amount, and mandates refunds for fraud victims who report incidents within 30 days. The law directly affects kiosk operators (who must comply with licensing and ID rules) and customers (who receive fraud protections and transaction limits). These provisions aim to reduce scams and financial risks associated with in-person crypto exchanges.