An Act amending Title 7 (Banks and Banking) of the Pennsylvania Consolidated Statutes, providing for virtual currency kiosks; imposing requirements on the Department of Banking and Securities; establishing the Virtual Currency Kiosk Public Education Campaign Fund; and imposing penalties.

This bill would allow Pennsylvania to regulate virtual currency kiosks by requiring most businesses to obtain a license from the Department of Banking and Securities, while exempting existing banks and credit unions. To operate legally, applicants must meet specific financial standards and use a centralized online system for registration, and the kiosks must provide clear information to customers about the exchange process. The legislation also creates a dedicated fund to support public education efforts regarding virtual currency and establishes penalties for operating without a license or violating other rules.