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Action required North Carolina General Assembly NC Jul 20, 2026

North Carolina Virtual Currency Kiosk Act Requires Money Transmitter Licensing

North Carolina enacted Session Law 2026-45 on July 7, 2026, creating a Virtual Currency Kiosk Act. The law treats a virtual currency kiosk operator as requiring a money transmitter license under the state's Money Transmitters Act.

North Carolina enacted Session Law 2026-45 on July 7, 2026, creating a Virtual Currency Kiosk Act. The law treats a virtual currency kiosk operator as requiring a money transmitter license under the state's Money Transmitters Act.

What changed

The bill brought virtual currency kiosk operators into the money transmitter licensing framework, with Section 3(b) effective immediately and most of the act effective January 1, 2027.

Compliance perspective

Companies operating crypto kiosks in North Carolina should assess whether current activity triggers money transmitter licensure and begin licensing preparation before the broader January 2027 effective date. This is a direct expansion of state license coverage into a specific business model.

Key date

Effective date: July 7, 2026.

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    North Carolina enacted Session Law 2026-45 on July 7, 2026, creating a Virtual Currency Kiosk Act. The law treats a virtual currency kiosk operator as requiring a money transmitter license under the state's Money Transmitters Act.