ut-20260915-R152-83: R152-83. Virtual Currency Kiosk Regulation Rule

1. Agency Information

Title catchline: Commerce, Consumer Protection Building: Heber Wells Building Street address: 160 E 300 S City, state: Salt Lake City, UT Mailing address: PO Box 146704 City, state and zip: Salt Lake City, UT 84114-6704

2. Contact Persons

Name: Phone: Email: Daniel Larsen 801-530-6601 dcprules@utah.gov Please address questions regarding information on this notice to the persons listed above.

A. Rule or section catchline:

R152-83. Virtual Currency Kiosk Regulation Rule

B. Purpose of the new rule or reason for the change:

This rule is being promulgated in accordance with HB 72, passed in the 2026 General Session, codified as Title 13, Chapter 83, Virtual Currency Kiosk Regulation, which permits the Division of Consumer Protection to make rules regarding records maintained and reports to be filed by virtual currency kiosk operators.

C. Summary of the new rule or change:

This rule establishes the time period, format, and content requirements for records maintained in accordance with Section 13-83- 104 and establishes the form, content, filing date, and submission procedure for the report described by Section 13-83-105. 4. Legislative Action Information

B. If yes, any bill number and HB 72 (2026 General Session)

session: 5. Fiscal Information Provide an estimate and written explanation of the aggregate anticipated cost or savings to:

A. State budget:

This rule is not anticipated to create costs or savings to the state budget beyond what was contemplated by the fiscal note to HB 72 (2026).

B. Local governments:

This rule is not anticipated to create costs or savings to local governments because it does not impose requirements or other obligations upon local governments.

C. Small businesses ("small business" means a business employing 1-49 persons):

This rule is not anticipated to create costs or savings to non-small businesses beyond what was contemplated by the fiscal note to HB 72 (2026). UTAH STATE BULLETIN, September 15, 2026, Vol. 2026, No. 18 37 NOTICES OF PROPOSED RULES The record retention period required by this proposed rule is consistent with federal requirements applicable to money services businesses, and should not impose additional costs.

D. Non-small businesses ("non-small business" means a business employing 50 or more persons):

This rule is not anticipated to create costs or savings to non-small businesses beyond what was contemplated by the fiscal note to HB 72 (2026). The record retention period required by this proposed rule is consistent with federal requirements applicable to money services businesses, and should not impose additional costs. E. Persons other than small businesses, non-small businesses, state, or local government entities ("person" means any individual, partnership, corporation, association, governmental entity, or public or private organization of any character other than an agency): This rule is not anticipated to create costs or savings to persons other than small businesses, non-small businesses, state, or local government entities beyond what was contemplated by the fiscal note to HB 72 (2026). The record retention period required by this proposed rule is consistent with federal requirements applicable to money services businesses, and should not impose additional costs.

F. Compliance costs for affected persons:

This amendment does not impose compliance costs on affected persons beyond those contemplated by the fiscal note to HB 72 (2026). 6. Regulatory Impact Summary Table Enter the cost or savings in the relevant cell. If there is no cost or savings, enter, "$0." If a cost or savings is inestimable, enter, "inestimable." Fiscal Cost FY2027 FY2028 FY2029 FY2030 FY2031 State Budget $0 $0 $0 $0 $0 Local Governments $0 $0 $0 $0 $0 Small Businesses $0 $0 $0 $0 $0 Non-Small Businesses $0 $0 $0 $0 $0 Other Persons $0 $0 $0 $0 $0 Total Fiscal Cost $0 $0 $0 $0 $0 Fiscal Benefits FY2027 FY2028 FY2029 FY2030 FY2031 State Budget $0 $0 $0 $0 $0 Local Governments $0 $0 $0 $0 $0 Small Businesses $0 $0 $0 $0 $0 Non-Small Businesses $0 $0 $0 $0 $0 Other Persons $0 $0 $0 $0 $0 Total Fiscal Benefits $0 $0 $0 $0 $0 Net Fiscal Benefits $0 $0 $0 $0 $0 7. Regulatory Impact Analysis Approval The Commissioner of the Department of Commerce, Margaret Busse, has reviewed and approved this regulatory impact analysis. 8. Family Impact Information

A. The agency has considered this rule's impact on family health, stability, and fo☒mation:

38 UTAH STATE BULLETIN, September 15, 2026, Vol. 2026, No. 18 NOTICES OF PROPOSED RULES 9. Citation Information Provide citations to the statutory authority for the rule. If there is also a federal requirement for the rule, provide a citation to that requirement: Subsection 13-2-106(1) Section 13-83-106 11. Public Notice Information The public may submit written or oral comments to the agency identified in box 1.

A. Comments will be accepted until: 10/15/2026

12. Effective Date Information This rule change MAY become effective on: 10/22/2026 (NOTE: This is the date the agency anticipates making the filing effective. It is NOT the effective date) 13. Agency Authorization Information Agency head or Daniel Larsen, Assistant Director Date: 08/31/2026 designee and title: R152. Commerce, Consumer Protection. R152-83. Virtual Currency Kiosk Regulation Rule. R152-83-101. Purpose. The purpose of this rule is to: (1) establish the time period, format, and content requirements for records maintained in accordance with Section 13-83-104; (2) establish the form, content, filing date, and submission procedure for the report described by Section 13-83-105; and (3) aid the division's administration and enforcement of Title 13, Chapter 83, Virtual Currency Kiosk Regulation. R152-83-102. Authority. This rule is enacted in accordance with Subsection 13-2-106(1) and Section 13-83-106. R152-83-103. Definitions. "Law enforcement agency" means the same as that term is defined by Subsection 77-23c-101.2(4). R152-83-201. Record Keeping -- Required Information and Records -- Format. (1) Avirtual currency kiosk operator shall maintain the following information and records for each virtual currency kiosk transaction conducted at its virtual currency kiosk: (a) the receipt generated in accordance with Subsections 13-83-103(5) and (6); and (b) the customer's name, physical address, and telephone number; and (c) the confirmation of consent obtained in accordance with Subsection 13-83-103(2). (2) Avirtual currency kiosk operator shall maintain the records and information described by Subsection (1): (a) for at least five years after the date on which the virtual currency kiosk transaction occurs; and (b) in XML, EDI, JSON, ISO 20022, or UBL format. (3) Records and information maintained by a virtual currency kiosk operator in accordance with this section shall be: (a) encrypted, or maintained in an encrypted storage vessel; and (b) readily accessible to: (i) the virtual currency kiosk operator; and (ii) upon request: (A) the division; and (B) a law enforcement agency. R152-83-202. Annual Report -- Required Information -- Filing Deadline. (1) A virtual currency kiosk operator shall submit the annual report described by Section 13-83-105 in a form approved by the division, and include the virtual currency kiosk operator's: (a) legal name, assumed name, and any other name it uses to do business; (b) telephone number; (c) email address; (d) website address, if it operates a website; and (e) contact person described by Subsection 13-83-104(3)(c), and the contact person's: (i) name; (ii) telephone number; and UTAH STATE BULLETIN, September 15, 2026, Vol. 2026, No. 18 39 NOTICES OF PROPOSED RULES (iii) email address. (2) An annual report submitted to the division in accordance with this section shall, at the division's discretion, be submitted using: (a) email; or (b) other electronic means approved by the division. (3)(a) Avirtual currency kiosk operator shall submit the report described by Subsection 13-83-105(1) no later than July 31, 2027. (b) The division may establish a filing deadline for each virtual currency kiosk operator's report to stagger reporting dates throughout the year. (4) A virtual currency kiosk operator shall submit a notification described by Subsection 13-83-105(4) by updating and submitting the form described by Subsection R152-83-202(1). KEY: virtual currency, virtual currency kiosk, record keeping; reporting Date of Last Change: 2026 Authorizing, and Implemented or Interpreted Law: 13-2-106(1); 13-83-106 NOTICE OF SUBSTANTIVE CHANGE TYPE OF FILING: Amendment Filing ID: 58209