HB 1116: Virtual currency kiosks.
HB 1116 status: Introduced — Public Law 143 (updated Mar 9, 2026).
What this bill does
Overall score
Bill summary
OfficialProhibits the operation of virtual currency kiosks in Indiana. Provides that: (1) a person that violates these provisions commits an act that is actionable by the attorney general under law regarding deceptive consumer sales; and (2) in addition to the penalties prescribed for deceptive consumer sales, a person that kn...
Key analysis
Impact analysis
Environment
Benefits
- No material impact on the environment
Risks
- No material impact on the environment
Economy
Benefits
- Protects consumers from potential kiosk-facilitated financial fraud
Risks
- Eliminates a specific business model and associated service revenue
- Creates legal liability for private property owners
Society
Benefits
- Reduces susceptibility to financial scams targeting vulnerable populations
Risks
- Reduces accessibility to virtual currency services for the unbanked or niche users
How trustworthy & consequential it is
Source
OpenStates
Confidence
lowlow
Analysis status
OpenStates summary
LegiScan returned a PDF-only document. PDF extraction is not enabled in this build, so the pipeline used a safer fallback.
Analysis based on abstract, not full bill text
Where it stands
Introduced
CurrentPublic Law 143
Committee
UpcomingFloor
UpcomingGovernor
UpcomingEnacted
UpcomingHow it affects your district
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