205 ILCS 732/1
Short title
Short title. This Act may be cited as the Digital Asset Kiosks Act. (Source: P.A. 104-429, eff. 8-18-25.)
Illinois Compiled Statutes 205 ILCS 732 — Digital Asset Kiosks Act.
Illinois · statute · 205 ILCS 732 · 19 active provisions
205 ILCS 732/5
Purpose and construction
Purpose and construction. The purpose of this Act is to protect the People of Illinois against the fraud and scams in digital asset kiosk transactions by providing necessary registration requirements, disclosures, and other safeguards for customers. This Act shall be liberally construed to effectuate its purpose. (Sour…
205 ILCS 732/10
Definitions
Definitions. As used in this Act: "Affiliate" means any person that controls, is controlled by, or is under common control with another person. As used in this paragraph, "control" means the possession, direct or indirect, of the power to direct or cause the direction of the management and policies of a person. "Applic…
205 ILCS 732/25
Daily transaction limit
Daily transaction limit. (a) A digital asset kiosk operator shall not accept or dispense more than $2,500 or equivalent monetary value in a day from or to the same new customer through a digital asset kiosk. (b) A digital asset kiosk operator shall not accept or dispense more than $10,500 or the equivalent monetary val…
205 ILCS 732/30
Customer charges limit
Customer charges limit. A digital asset kiosk operator may not, directly or indirectly, collect charges from a customer related to a single digital asset kiosk transaction that exceeds the greater of the following: (1) $5; or (2) 18% of digital assets involved in the transaction according to the market price of the dig…
205 ILCS 732/35
Customer disclosures
Customer disclosures. (a) Before engaging in each digital asset kiosk transaction with a customer, a digital asset kiosk operator shall provide written disclosure, in English and in the same language principally used by the digital asset kiosk operator to advertise, solicit, or negotiate with a customer, containing the…
205 ILCS 732/40
Reporting physical addresses
Reporting physical addresses. (a) A digital asset kiosk operator shall provide to the Department a list of all physical addresses of digital asset kiosks that the digital asset kiosk operator owns, operates, or manages in this State, in a form prescribed by the Department. (b) A digital asset kiosk operator shall provi…
205 ILCS 732/41
Customer service
Customer service. All digital asset kiosk operators performing business in this State must provide live customer service during kiosk operating hours. The customer service toll-free number must be displayed on the digital asset kiosk or on the digital asset kiosk screen. (Source: P.A. 104-429, eff. 8-18-25.)
205 ILCS 732/42
Prevention of fraudulent activity
Prevention of fraudulent activity. All digital asset kiosk operators must take reasonable steps to detect and prevent fraud, including establishing and maintaining a written anti-fraud policy. (Source: P.A. 104-429, eff. 8-18-25.)
205 ILCS 732/43
Blockchain analytics
Blockchain analytics. All digital asset kiosk operators must use blockchain analytics software to help prevent transactions to wallets known to be affiliated with fraudulent activity at the time of a transaction and to detect transaction patterns indicative of fraud or other illicit activities. (Source: P.A. 104-429, e…
205 ILCS 732/44
Law enforcement access to investigative information
Law enforcement access to investigative information. All digital asset kiosk operators performing business in this State must provide a dedicated communications line for relevant government agencies through a posted U.S. phone number or email address. This dedicated line shall facilitate law enforcement and regulatory…
205 ILCS 732/45
Refunds
Refunds. (a) A digital asset kiosk operator must issue a refund to a new customer for the full amount for up to 3 fraudulent transactions made within the new customer period, upon request of the customer. To receive a refund under this subsection, a new customer must: (1) have been fraudulently induced to engage in a t…
205 ILCS 732/95
Civil action
Civil action. A claim of violation of Sections 25, 30, and 45 of this Act may be asserted in a civil action. Additionally, a prevailing resident may be awarded reasonable attorney's fees and court costs. (Source: P.A. 104-429, eff. 8-18-25.)
205 ILCS 732/100
Rulemaking
Rulemaking. (a) The Department may adopt rules to implement the provisions of this Act, including, but not limited to: (1) rules in connection with the activities of digital asset kiosk operators as may be necessary and appropriate for the protection of persons in this State; (2) rules as may be necessary and appropria…
205 ILCS 732/110
Evasion
Evasion. An agreement, contract, or transaction that is structured to evade the scope of this Act shall be deemed to fall within the scope of this Act. (Source: P.A. 104-429, eff. 8-18-25.)
205 ILCS 732/800
If and only if Senate Bill 1797 of the 104th General Assembly, as amended by House Amendment No
If and only if Senate Bill 1797 of the 104th General Assembly, as amended by House Amendment No. 1, becomes law, then Sections 15, 20, 50, 55, 60, 65, 70, 75, 85, 90, 105, 115, 120, and 125 of this Act are repealed on the date that Senate Bill 1797 of the 104th General Assembly becomes law. (Source: P.A. 104-429, eff.…
205 ILCS 732/900
(Amendatory provisions; text omitted)
(Amendatory provisions; text omitted). (Source: P.A. 104-429, eff. 8-18-25; text omitted.)
205 ILCS 732/997
Severability
Severability. The provisions of this Act are severable under Section 1.31 of the Statute on Statutes. (Source: P.A. 104-429, eff. 8-18-25.)
205 ILCS 732/999
Effective date
Effective date. This Act takes effect upon becoming law. (Source: P.A. 104-429, eff. 8-18-25.)