Crypto Law Profile
Illinois’ Digital Asset Kiosks Act sets consumer protections for crypto kiosks, including transaction limits, fee caps, disclosures, refunds, fraud controls, and IDFPR rulemaking.
Illinois’ Digital Asset Kiosks Act, enacted from SB 2319 / Public Act 104-0429, is the Illinois state law that grew out of the proposed Virtual Currency Kiosk Consumer Protection Act. The introduced bill used the virtual-currency-kiosk title, but Senate Floor Amendment No. 1 replaced the text and enacted the current Digital Asset Kiosks Act, codified at 205 ILCS 732. The Act took effect immediately on August 18, 2025, when Governor JB Pritzker approved it.
The Act should be treated as a state-level Illinois consumer-protection and kiosk-oversight law within the United States. Several provisions are already in force, including transaction limits, customer charge caps, disclosures, location reporting, customer service, anti-fraud controls, blockchain analytics, law-enforcement communications, refund rights, civil actions, and rulemaking authority. Registration implementation is tied to the broader Illinois Digital Assets and Consumer Protection Act and IDFPR’s 2027 implementation process.
The Act applies to a digital asset kiosk located in Illinois. A “digital asset kiosk” is an automated teller machine that facilitates the buying, selling, or exchanging of digital assets for fiat currency or other digital assets. A digital asset kiosk operator is a registrant or a person required to register under the Act, and an operator is a person that owns, operates, or manages a kiosk located in Illinois.
The statute’s purpose is to protect Illinois residents from fraud and scams in digital asset kiosk transactions by providing registration requirements, disclosures, and other customer safeguards. The current enacted law uses “digital asset” terminology, but the bill history remains useful for search and editorial purposes because the original synopsis used “Virtual Currency Kiosk Consumer Protection Act.”
Operators must provide live customer service during kiosk operating hours, maintain a written anti-fraud policy, use blockchain analytics software to help prevent transactions to wallets associated with fraudulent activity, and maintain a dedicated communication line for government agencies when a customer reports fraud.
The Act also requires operators to provide IDFPR with a list of all physical kiosk addresses in Illinois and update that list within 30 days after changes. IDFPR says operators can submit kiosk locations to the Department using its listed process, and IDFPR’s digital assets page states that it is working on administrative rules to implement the Digital Assets and Consumer Protection Act and the Digital Asset Kiosks Act.
| Date | Event | Status |
|---|---|---|
| February 7, 2025 | SB 2319 filed in the Illinois Senate by Sen. Laura Ellman. | Introduced |
| May 22, 2025 | Illinois Senate passed SB 2319 on third reading. | Passed |
| May 31, 2025 | Illinois House passed SB 2319 on third reading. | Passed |
| June 1, 2025 | Senate concurred in the House amendment and the bill passed both houses. | Passed |
| August 18, 2025 | Governor approved SB 2319 as Public Act 104-0429, effective immediately. | In force |
| June 29, 2026 | IDFPR public comment period closes for proposed digital asset and kiosk rules. | Upcoming |
| July 1, 2027 | Registration process for covered digital asset businesses and kiosk operators is expected to become operational through IDFPR implementation. | Future implementation |
As of June 5, 2026, editors should classify the Act as in force, with administrative rules under development and a 2027 registration milestone to monitor. The profile should distinguish the enacted Digital Asset Kiosks Act from the introduced “Virtual Currency Kiosk Consumer Protection Act” label and from Illinois’ broader Digital Assets and Consumer Protection Act.
Applies to automated kiosks in Illinois that buy, sell, or exchange digital assets for fiat currency or other digital assets.
Caps daily kiosk activity at $2,500 for the same new customer and $10,500 for any existing customer.
Limits charges for a single kiosk transaction to the greater of $5 or 18% of the digital assets involved at market price.
Requires pre-transaction written disclosures and receipts showing transaction details, charges, spreads, risks, and refund procedures.
Operators must report physical kiosk addresses and updates to IDFPR, which must publish the list and operator contact information.
Requires live customer service, anti-fraud policies, blockchain analytics, and a monitored government-agency communications line.
Provides refund rights for qualifying fraudulent kiosk transactions, with notice and police or agency report requirements.
Allows civil claims for specified violations and authorizes IDFPR rulemaking for kiosk activity, fraud practices, and implementation.
Sen. Laura Ellman filed SB 2319 in the Illinois Senate.
Senate Floor Amendment No. 1 replaced the introduced text with the Digital Asset Kiosks Act.
Illinois Senate passed SB 2319 on third reading.
Illinois House passed SB 2319 on third reading.
Senate concurred in the House amendment and SB 2319 passed both houses.
Governor approved SB 2319; it became Public Act 104-0429 and took immediate effect.
IDFPR issued an advisory summarizing immediate DAKA obligations and enforcement posture.
IDFPR published first notice of proposed rules for DACPA, DAKA, and money transmission updates.
Governor of Illinois, Illinois Department of Financial and Professional Regulation, Illinois General Assembly, Secretary of Financial and Professional Regulation
Crypto assets, Digital assets, Virtual currency
SB 2319 was introduced as the Virtual Currency Kiosk Consumer Protection Act, but the enacted law is the Digital Asset Kiosks Act. Treat the virtual-currency title as an alias, not the current statutory short title.
