Technology

HB 1277 sets a $1,000 daily transaction limit for purchases made through digital financial asset kiosks, directly affecting users of these automated machines. The bill requires kiosks to enforce this cap on all transactions involving digital assets like cryptocurrencies. It is scheduled to take effect on July 1, 3000 (though this date appears to be a placeholder, as it is far in the future). The measure is currently under review by the committee with a recommendation to pass it with amendments.