DEFINITIONS

Subpart 1. Scope. The terms defined in Minnesota Statutes, chapter 53B, apply to this part and part 2675.8510 . Subp. 2. Establishing a relationship. "Establishing a relationship" means: A. entering into an initial virtual-currency transaction for, on behalf of, or with a person; or B. entering into a virtual-currency kiosk transaction with a new customer. Subp. 3. Virtual-currency transaction. "Virtual-currency transaction" means a transaction conducted or performed by any means that includes virtual-currency business activity.