N.D. Cent. Code § 13-09.1-50
13-09.1-50. Virtual-currency kiosks
13-09.1-50. Virtual-currency kiosks
1. A kiosk operator may not engage in virtual-currency business activity or hold itself out
as being able to engage in virtual-currency business activity with or on behalf of
another person unless the kiosk operator is licensed in this state as a money
transmitter.
2. A virtual-currency kiosk operator shall comply with all requirements of a money
transmitter under this chapter.
3. A virtual-currency kiosk operator may not locate, or allow a third party to locate, a
virtual-currency kiosk in this state unless the virtual-currency kiosk:
a. Is placed in a commercially accessible area;
b. Is accessible to users with sufficient space to account for mobility limitations of
users; and
c. Is subject to security features, including sufficient lighting and surveillance.
4. Each virtual-currency kiosk operator shall submit a quarterly report of the location of
each virtual-currency kiosk located within the state to the commissioner within
forty-five days of the end of the calendar quarter. The location report must include:
a. The company's legal name;
b. Any fictitious or trade name;
c. The physical address;
d. The start date of operation of the virtual-currency kiosk at the location;
e. The end date of operation of the virtual-currency kiosk at the location, if
applicable; and
f. The virtual-currency addresses associated with the virtual-currency kiosk.